Producers and consumers make some economic choices while the government makes others.
A mixed economy is described as an economic system combining components of business economies. Mixed Economy is component of purposed economies, unrestricted markets with state arbitration, or individual enterprise with government enterprise.
It is especially in the reference to Western markets, mixed economy introduces a capitalist market distinguished by the administration of individual control of the means of composition with profit-seeking activities and the aggregation of capital as its significant driving force.
Answer:
The correct answer is option B.
Explanation:
An oligopoly is a market structure in which there are few firms which are interdependent on each other such that price and output decisions of a firm affect other firms in the market. There is a high degree of competition in the market.
Firms in an oligopoly market can maximize profits by forming formal or informal collusion and reducing output level and increasing price.
Though such cartels are generally short-lived as each firm has the incentive to earn higher by not cooperating. The cartel will not be successful if there are other firms in the market which are not a member of the cartel.
A cartel will have a longer life if all the firms in the market are its market and the cartel has strict control on its members and ability to punish cheaters.
Answer:
D. the American Revolution
Explanation:
Justinian code was so important because because it became the substructure for licit systems of most modern European countries.
Answer:
Organizational commitment
Explanation:
Organizational commitment is the individual's psychological attachment to organization in which he/she is working. These studies show how workers feel and respond about their jobs. Thus, if they can become more committed to the organizations.
The studies also predicts the work variables such as organizational citizenship behavior, turnover and job performance.
<u>Thus, having such good belief in their organization, it reflects that they have high organizational commitment.</u>
