Question 1 1. According to the Law of Tanstaffal, goods are cheaper in some countries. consumers...

 

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Question 1 1. According to the Law of Tanstaffal, goods are cheaper in some countries. consumers engage in rational behavior. everything has a cost. production costs are different. Question 2 2. 'efficient allocation of resources is important in a Capitalistic economy due to government intervention limited resources and unlimited wants. consumer sovereignty. the lack of clearly defined priorities. 5 5 pt Question 1 1. According to the Law of Tanstaffal, goods are cheaper in some countries. consumers engage in rational behavior. everything has a cost. production costs are different. Question 2 2. 'efficient allocation of resources is important in a Capitalistic economy due to government intervention limited resources and unlimited wants. consumer sovereignty. the lack of clearly defined priorities. 5 5 pt

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