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8 the market system is a method of a making...

Question: 8 the market system is a method of a making...

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8. The market system is a method of (a) making economic decisions by centralplanning b) communicating and coordinating economic 15. Wh ducing decisions (e) promoting specialization, but not division of labor (d) allocating money, but riot economic profils or losses O ver

13. Which would necessarily resull, sooner or later, from a decrease in consumer demand for a product? (a) a deciease in the profits of fims in the industry (b) an increase in the ouiput of the industry (c) an increase in the supply of the product (d) an inoiease in the pices of resources employed by the fimis in the industy

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