Economics

How many sellers are there in perfect competition market?

• 1

• 2

• 3

• No limit

Privatization refers to ....

• Transfer of assets from people to government

• Transfer of assets from public to private organizations

• Transfer of assets from corporate to public

• Transfer of assets from corporate to government

Which type of economy is usually paired with a Communist government?

• Mixed
• Market
• Command
• Traditional

Capitalism is in what type of economy?

• Traditional

• Command

• Market

• Authortarian

The driving force behind people going into business is

• profit margin
• profit motive
• opportunity cost
• taxes

In this type of economy, the people decide the supply, demand, and price.  

• Market 
• Traditional
• Command 
• Mixed