Question: Question Completion Status: Moving to another question will save this response. Question 9 These are data whose values can theoretically take any value (sometimes within

Question Completion Status: Moving to another question will save this response. Question 9 These are data whose values can theoretically take any value (sometimes within a restricted range) Categorical data O Continuous data Mixed data Discrete data A Moving to another question will save this response

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10. In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies input availability is a constant concern. Why the difference? LO2.4

9. In a sentence, describe the meaning of the phrase invisible hand. LO2.4

8. What is meant by the term creative destruction? How does the emergence of MP3 (or iPod) technology relate to this idea? LO2.3