Ask Question
1 April, 05:12

In a market economy a significant change in consumers' desire for product x will: select one:

a. alter the profits or losses received by certain firms.

b. cause a reallocation of scarce resources.

c. cause some industries to expand and others to contract.

d. do all of these.

+5
Answers (1)
  1. 1 April, 07:32
    0
    D - as the desire for a product will require more or less to be produced (supply and demand), therefore leading to all of those
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a market economy a significant change in consumers' desire for product x will: select one: a. alter the profits or losses received by ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers