Answers VT-GA-EOC-Personal Finance Economics A ULHS Technology and Economics — Unit testQuestion 3

3

QuizMultiple Choice

Technology and Economics — Unit test

Question 3 of 13 • VT-GA-EOC-Personal Finance & Economics A ULHS

Which situation best reflects the concept of free enterprise?

Answer

A

Consumers have a choice between two bakeries in a single city block.

B

An agency determines which supplements are safe for people to buy.

C

Local officials set the prices for all the gas stations in a community.

D

The government decides the minimum wage for all airline workers.

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