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What All Buyers And Sellers Are In A Perfectly Free Economy

Question

1. So-called primitive societies used economic systems based on ______.

a. small business organization

b. tradition-based societies

c. barter systems

d. none of the above

 

2. In a perfectly free economy, all buyers and sellers are what?

a. utility users

b. utility creators

c. utility maximizers

d. utility diminishers

 

Summary

These multiple choice questions belong to Economics. The 1st question discusses about what economic system that primitive societies used and the 2nd question discusses about what all buyers and sellers are in a perfectly free economy.

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