A power company decides to use wind turbines to provide electricity instead of coal.
Which basic economic question does this decision answer in a free market economy?
a. What goods or services will be produced?
b. How will goods or services be produced?
c. Who will consume the goods or services?
d. What economic system should be adopted?
e. Who gets to decide?
Answers: 3
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A power company decides to use wind turbines to provide electricity instead of coal.
Which basic ec...
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