Which of the following will be accomplished by efficient allocations of the factors of production? a. ensuring economic profitability b. understanding whether a product will fail c. fulfilling many needs and wants of society d. replenishment of limited sources

Which sentence best describes the effect of the bill of rights? a. it gave parliament the right to elect a successor when a monarch died. b.it ensured that no monarch could rule without parliament. c.it guaranteed all people the rights of liberty and property. d.it defined the rights of the officials of the church of england.

Which answer best describes an advantage of shipping goods by canal? most towns would rather have canals than noisy railroads. goods could travel very fast downstream in the canal system. travelling by boat is a much more relaxing way to transport goods. heavy loads of goods could travel by boat more easily than if pulled by horses.

What do sellers do if they expect the price of goods they have for sale to increase dramatically in the near future? store the goods indefinitely regardless of when the price rises store the goods until the price rises and then try to sell them sell the goods now and try to invest the money instead of resupplying sell the goods now but try to get the higher price for them