There are three key questions to be decided in determining resource allocation within an economy. What does not relate to one of the choices in the three key questions?
A.
whether all income groups receive the output
B.
whether consumer or industrial goods are produced
C.
whether economic goods or free goods are supplied
D.
whether labour or capital is used in production
Exam No：0455_m25_qp_12 Year：2025 Question No：5
Answer:
C
Knowledge points:
2.2.1 the market system; How a market system works; including buyers, sellers, allocation of scarce resources, market equilibrium, and market disequilibrium.
2.2.2 key resources allocation decisions; Establishing that the economic problem creates three key questions about determining resource allocation:what to produce, how, and for whom.
2.2.3 introduction to the price mechanism
Solution:
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