5)When agriculture was mechanized in the 19th century ,this involved which of the following

basic economic questions that every society must answer?

Question 5 options:

A)What goods and services are to be produced.

B)How are these goods and services to be produced.

C)Who will receive these goods and services.

Question 6(1 point)

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6)Economic growth can be shown by :

Question 6 options:

A)the leftward (inward) shift of the production possibilities frontier.

B)the stability of the production possibilities frontier.

C)the rightward (outward) shift of the production possibilities frontier.

Question 7(1 point)

7)When one country has a lower opportunity cost of producing a good than another country, the first

country has:

Question 7 options:

A)an absolute advantage.

B)an comparative advantage.

C)no advantage.

Question 8(1 point)

8)Free international trade does which of the following?

Question 8 options:

A)It increases productivity among the trading nations.

B)It decreases productivity among the trading nations.

C)It has no effect on productivity in any nation.

Question 9(1 point)

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9)What will cause an increase in demandforinferior goods?

Question 9 options:

A)An increase in income.

B)A decrease in income.

C)An increase in the number of available substitutes.

Question 10(1 point)

10)If thecost of resources decreases, this will leadto which of the following?

Question 10 options:

A)An increase in supply

B)A decrease in supply.

C)This will not affect the supply of a produc