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What To Produce In Any Society Is Determined By The? - Erudites Academy

What to produce in any society is determined by the?

by | Aug 3 | Economics WAEC | 0 comments

A. expenditure of the people on different commodities
B. competition among the different producers
C. competition among the different consumers
D. supply and demand in the factor markets

Correct Answer:

Option D – supply and demand in the factor markets

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