Sign In
Ask Question
Priscilla Boyer
Business
7 July, 20:17
Free market economy how are prices set?
+3
Answers (
1
)
Anderson
7 July, 20:24
0
A free market economy is an economic system where the private sector individuals or businesses decide on; what to produce, how to produce and for whom to produce. Therefore the prices in this economy are set by the private sector.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“Free market economy how are prices set? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (No less then 25 words)
Answers (1)
Janice works as a consultant for a tech company. In the past, the company has relied heavily on its toll-free line to sell new products, as well as its numerous distribution channels.
Answers (2)
After an unsuccessful attempt to train her puppy one morning sharon the office manager scolds her assistant when she arrives for work. Sharon is displaying which of the following defense mechanisms?
Answers (1)
Explain the rule of 72
Answers (1)
The law of diminishing marginal utility 1. refers to the decrease in total satisfaction as more units of the good are consumed 2. refers to the fall in additional satisfaction created by consumption of more and more units of a good 3.
Answers (1)
New Questions in Business
A consulting firm has a predetermined overhead rate of $120 per labor hour. The Smith job required 5 hours to compete. The overhead cost applied to this job is $
Answers (1)
Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is a. an alienation b.
Answers (1)
Clara, at age 47, decided to adopt a child on her own because she tired of waiting around for "mr. Right" to come along. She decided to move on with her life. Clara is an example of a (n) :
Answers (1)
Sandusky Company borrowed $28,000 from the Lakeside Bank by issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $11,259.21.
Answers (1)
Some discount stores put products in large bins and let consumers hunt and find bargains. The price these consumers pay includes: a. the time the product was full price and didn't sell b. the value of their time and energy c.
Answers (1)
Home
»
Business
» Free market economy how are prices set?
Sign In
Sign Up
Forgot Password?