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Misha Larkins [42]
3 years ago
14

Which statement best describes a pure market economy ?

Business
2 answers:
grandymaker [24]3 years ago
8 0

A pure market economy in a theoretical concept in that it has never really existed. In a pure market economy producers create what they want at a price consumers will pay. Consumers pay what they want. The key is no regulation.

GREYUIT [131]3 years ago
7 0

Answer:

DOWN BELOW IS QUESTION OPTIONS

Explanation:

A: Producer intervention in economic choices is strictly forbidden.

B: The government determines economic choices and makes most decisions.

C: The decisions made by producers and consumers drive all economic choices.

D: Producers and consumers make some economic choices while the government makes others.

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Answer:

Should be D (sometimes harmful).

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3 years ago
When Corey runs out of shampoo he buys whatever brand is on sale at his local CVS drugstore. What is his level of involvement in
hodyreva [135]

Answer: A. Extensive

Explanation: When Corey runs out of shampoo he buys whatever brand is on sale at his local CVS drugstore.

From the above question, Corey has an extensive decision making on toothpaste purchase as he does not have any brand loyalty. He buys whatever brand is available for him to buy and he is not particular about the name, the size or content of the product he is buying.

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3 years ago
A best-seller novel sells for $28 in hardback edition and $12 in a paperback edition. a book store's sales of both editions tota
Mekhanik [1.2K]
The number of each type of book is what is unknown, so we can represent those quantities with variables. Let x = the number of hardbacks and y = the number of paperbacks. Then we know that: x + y = 65 (the total number of books sold) We also know the total cost of both editions, which is $1356. It can be written algebraically as: 28x + 12y = 1356 We now have a system of two equations, which can be solved by substitution. It would be easier to solve the first equation for either x or y and substitute that into the second equation. 
6 0
3 years ago
On January 10, Chen Co. issued an $80,000, 6%, 90-day note payable to Rao Co. Using a 360-day year, what is the total interest e
Yanka [14]

Answer:

d. $1,200

Explanation:

The computation of the interest expense is shown below:

= Principal × rate of interest × number of days ÷ (total number of days in a year)

= $80,000× 6% × (90 days ÷ 360 days)

= $1,200

We simply apply the simple interest formula

Since the number of days and the total number of days are given so we considered the same for the computation part.

4 0
3 years ago
Discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?​
elena55 [62]

Some of the social factors that have led to unemployment in South Africa amongst the youth are:

  • High population growth.
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As a result of high population growth, the number of youth in South Africa  has increased to a point where getting jobs for all of them is quite difficult.

High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.

Find out more on factors leading to unemployment at brainly.com/question/305041.

6 0
2 years ago
Read 2 more answers
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