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Homework answers / question archive /   The Government Attemps to own and control important resources and to make the decisions about what will be produced and consumed

  The Government Attemps to own and control important resources and to make the decisions about what will be produced and consumed

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  1. The Government Attemps to own and control important resources and to make the decisions about what will be produced and consumed.
  2. A Relationship between the quanity of a product consumers are willing and able to purchase and the price.
  3. A relationship between price and quantity demanded.
  4. All of the consumers who will purchase a particular product of service.
  5. Natural resources , capital ,equipment and labor.
  6. The Amount of satisfaction a consumer receives from the consumption of a particular product or service.
  7. Resources Are Owned By Individuals Rather the the government.
  8. When The Price Of A Product Is Increased, Less will Be Demanded. When The Price Is decreased, more will be demanded.
  9. As the price goes down, fewer will be manufactured.
  10. Studies the economic behavior and relationships of an entire society.

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  1. Control Economy

The Government Attemps to own and control important resources and to make the decisions about what will be produced and consumed.

  1. Demand

A Relationship between the quanity of a product consumers are willing and able to purchase and the price.

  1. Demand Curve

A relationship between price and quantity demanded.

  1. Economic Market

All of the consumers who will purchase a particular product of service.

  1. Economic Resources

Natural resources , capital ,equipment and labor.

  1. Economic Utility

The Amount of satisfaction a consumer receives from the consumption of a particular product or service.

  1. Free Economy

Resources Are Owned By Individuals Rather the the government.

  1. Law Of Demand

When The Price Of A Product Is Increased, Less will Be Demanded. When The Price Is decreased, more will be demanded.

  1. Law Of Supply

As the price goes down, fewer will be manufactured.

  1. Macroeconomics

Studies the economic behavior and relationships of an entire society.