Friday, July 8, 2011

If dairy farmers use automatic milking machines instead of milking by hand, which economic question does their decision answer?

ECONOMICS

Multiple Choice

If dairy farmers use automatic milking machines instead of milking by hand, which economic question does their decision answer?

a.What to produce?

b.How to produce?

c.For whom to produce?

d.Who has a comparative advantage in milking?

e.What is the price of milk?

Click here for the SOLUTION

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