Correct Answer: Community
Explanation:
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More Business Economics MCQ Questions
For any given product, _____ is determined by what the market will bear.
Marginal decisions are said to be made on the ________ unit(s) under consideration.
The marginal propensity to import is equal to _______.
The term demand chain is considered limited because it ________.
_____ costs do not change as output is increased or decreased.
When a supply of a commodity decreases on a fall in its price, it is called ----------
Commodities which are perishable in nature have ---------------- supply.
Market ----------- occurs where demand and supply are equal.
The law of supply states that firms will ----------- of the commodity when prices are high and vice versa.