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Jobisdone [24]
3 years ago
15

Brian has just finished college. He wants to set up a small business to make and sell fireworks. He registers his company and ac

quires a license from the government. He finds that most of his competitors are selling fireworks at an extremely low price. He would like to make more money, so he decides to innovate and develop better fireworks. He sells his fireworks at a higher price, and they are a huge hit with the customers. After a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. He even starts exporting fireworks overseas. Which type of economy does this scenario describe? mixed economy command economy communist economy traditional economy market economy
Business
2 answers:
fiasKO [112]3 years ago
8 0
<span>market economy market economy is the answer

I hope this helps!</span>
klasskru [66]3 years ago
4 0

Answer:

it is not market economy

Explanation:

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sergiy2304 [10]
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Romashka-Z-Leto [24]

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<u>Explanation:</u>

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