Answer:
A a mixed economy.
Explanation:
The asnswer is a mixed economy
Answer:
The correct answer is letter "B": Operating supply.
Explanation:
Operating supplies are items used in the day-to-day operations of a business that are not related directly to the production of goods at any stage but could be important for the natural development of the activities within the business. They are consumables such as <em>light bulbs, toilet paper, hand soap, pencils, </em>and <em>copy paper </em>just to mention a few<em>.</em>
Answer:
Explanation:
This could be due a number of factors.
1 Externality effect
2 There could also be market failure, when property rights are not properly defined.
Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.
Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.
Answer:
False
Explanation:
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.
Answer:
c
Explanation:
services are something intangible that you sell