In market economies, firms rarely worry about the availability of inputs to produce their products because, in market economies, buyers of inputs know that consumers want to purchase the product.
<h3>What is a market economy?</h3>
A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.
In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.
Therefore, C is the correct option.
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Answer:
0.6
Explanation:
Initial Units sold, Q1 = 40 pairs
Initial Price, P1 = $40
Final price, P2 = $20
Final units sold = 60 pairs
Now,
Using the midpoint formula,
the absolute value of the price elasticity of demand
price elasticity of demand = 
or
price elasticity of demand = 
or
price elasticity of demand = 
or
price elasticity of demand = 
price elasticity of demand = 0.6
when modifying commercial to meet accessibility requirements, owners should focus their attention on these four areas:
- Providing an accessible approach and entrance.
- The first area of focus is accessible approach and entrance.
- This can include ramps instead of stairways,
1 : a commonly roofed and walled shape built for everlasting use (as for a dwelling) 2 : the art or enterprise of assembling substances right into a shape. Synonyms instance Sentences terms Containing constructing analyze extra approximate building.
A building is a structure that has a roof and walls, for instance, a residence or a factory. They were on the top floor of the building. Crowds amassed across the Parliament building. Synonyms: shape, house, production, living [formal, literary] greater Synonyms of constructing.
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The answer would be: all students who attend one middle school and one high school in Miami, FL. As the company, Candy Crunchers, only took surveys from one high school and one middle school only, that would be the sample of the population.
