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1			How a society elects to employ resources to produce goods and services and distribute them is generally referred to as:
			A)	Logistics
			B)	Capitalism
			C)	Economics
			D)	Socialism
			E)	Mixed Economy
2			Which of the following refers to an economic system where the factors of production and distribution are privately owned and operated for profit?
			A)	Socialism
			B)	Communism
			C)	Euro-Economics
			D)	Capitalism
			E)	Mixed Economy
3			The forces of supply and demand captures the negotiations among buyers and sellers for goods and services produced in an economy. Where the supply curve and demand curves intersect is called the point of equilibrium. This point reflects which of the following?
			A)	Price point
			B)	Market price
			C)	Opportunity cost
			D)	Wholesale price
			E)	None of the above