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Stells [14]
3 years ago
15

Which economic procedure best encourages voluntary exchange?

Business
2 answers:
Svetlanka [38]3 years ago
5 0

i think its government regulations or possibly scarcity

Mashcka [7]3 years ago
3 0

Answer: (a) specialization  

Explanation: out of all the four options (i.e.: specialization, price ceilings, scarcity, government regulation) specialization is the economic procedure that encourages voluntary exchange the most. This is because in specialization, a country is not self-sufficient; it does not produce everything itself. It only produces those good or services, which it produces best in terms of price and efficiency and hence, since it is only producing limited products, it will have to rely on trade to obtain goods and services that other country, are producing better.


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Which of the following condition will both consumers and sellers benefit?
victus00 [196]
Answer: Option C) When supply equals demand.

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3 years ago
Which best describes how advertising influences consumer choice in an oligopoly?
allsm [11]

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• Advertising undermines competition.

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5 0
2 years ago
A process that performs at a 6 sigma level: a. is considered statistically 'perfect' b. has 3.4 defects per million opportunitie
xz_007 [3.2K]

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d. all of the above

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Question 5 of 10
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I think the answer is D
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3 years ago
Read 2 more answers
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