WGU C211 (C211) (C211)
Western Governors University
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WGU C211 Pre- Assessment Global Economics for Managers Exam Prep| Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update)
- Exam (elaborations) • 16 pages • 2023
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WGU C211 Pre- Assessment Global 
Economics for Managers Exam Prep| 
Questions and Verified Answers| 100% 
Correct (New 2023/ 2024 Update) 
 
QUESTION 
What is a characteristic of a market economy? 
 
Answer: 
 It involves the government in a hands-off level approach known as laissez-faire. 
 
 
QUESTION 
What are examples of intellectual property? 
 
Answer: 
 patents, copyrights, trademarks 
 
 
QUESTION 
In a monopoly which two statements are likely true 
 
Answer: 
 one seller offers a...
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