Homework Answers
The market system is a method of b) communicating and coordinating economic decisions.
It is true for market system.
A decrease in consumer demand for a product will sooner or later result in a) a decrease in the profits of firm in the industry.
When the demand for that product falls, ultimately less of supply will be made, and less profit will be made by the firm.
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8. The market system is a method of (a) making economic decisions by centralplanning b) communicating...
(b) freedom of choise (4 a coincidence df wants 10. In what way does human an...
(b) freedom of choise (4 a coincidence df wants 10. In what way does human an econamy's outpu? haracteristics of the market (b) It serves as corsumer soverignt. () t acts an invisble hand. ) market restraints on treedom economy (D having a canverient means of exchanging goods govermment aruate a plan for the economy degiking who wil get the goods and servioes in an dom of enterprise means that co-dest othe rale of govemmont io beat y goods and...
(b) freedom of choise (4 a coincidence df wants 10. In what way does human an econamy's outpu? haracteristics of the market (b) It serves as corsumer soverignt. () t acts an invisble hand. ) market restraints on treedom economy (D having a canverient means of exchanging goods govermment aruate a plan for the economy degiking who wil get the goods and servioes in an dom of enterprise means that co-dest othe rale of govemmont io beat y goods and...
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