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Yuri [45]
3 years ago
10

Who answers the three economic questions in a market economy? How is this different from command economy?

Chemistry
1 answer:
Natali [406]3 years ago
6 0

Answer:

Market economies are characterized by their free markets. Examples are the United States and the United Kingdom.

  • That's pretty clear. What it means is that they trust in the free market and its operation to answer the questions of what to produce, how much to produce, and for whom.

Command economies are characterized by their control of markets. Examples are China and North Korea.

  • They rely on the government, <em>not the free market itself, </em>to control what should be produced. This makes for a more strict system that can pay off in the long run, but can also run the risk of being heavy-handed.

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Explanation:

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Describe the impact deforestation can have on species inhabiting those affected environment
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How much does the air weigh within a column that is 1 square inch in area that extends from sea level all the way to the top of
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A 41.1 g sample of solid CO2 (dry ice) is added to a container at a temperature of 100 K with a volume of 3.4 L.A. If the contai
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If carbon dioxide behaves like an ideal gas, it should satisfy the ideal gas equation when it is inside a container:

P \cdot V = n \cdot R \cdot T,

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  • V is the volume of the container.
  • n is the number of moles of particles (molecules, or atoms in case of noble gases) in the gas.
  • R is the ideal gas constant.
  • T is the absolute temperature of the gas.

Rearrange the equation to find an expression for P, the pressure inside the container.

\displaystyle P = \frac{n \cdot R \cdot T}{V}.

Look up the ideal gas constant in the appropriate units.

R = 8.314 \times 10^3\; \rm L \cdot Pa \cdot K^{-1} \cdot mol^{-1}.

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