MCQOPTIONS
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| 1. |
One advantage for the capitalist system for allocating resources in economy is that it: |
| A. | Avoids unemployment |
| B. | Reduces inequality of incomes |
| C. | Affords the fullest opportunity for individuals to indicate their preferences for goods within the limits of their spending power |
| D. | Always results in goods being produced at the lowest possible cost. |
| Answer» D. Always results in goods being produced at the lowest possible cost. | |