A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.
A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.
(A mixed economy is the best way to achieve that)
Answer:
(C) Acquisition cost
Explanation:
The correct word for the given statement is acquisition cost
So option (c) is correct option
Acquisition cost alludes to the in with no reservations cost to buy a benefit. These expenses incorporate delivery, deals charges, and customs expenses, just as the expenses of site planning, establishment, and testing.
When securing property, obtaining expenses can incorporate looking over, shutting charges, and taking care of liens.
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i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
Answer:
0.74
Explanation:
Data provided in the question
Price level = 1.35
According to the given situation, the computation of the new value of the dollar is shown below:-
The New value of the dollar = 1 ÷ Price level
= 1 ÷ 1.35
= 0.74074
or
= 0.74
Therefore for computing the new value of the dollar we simply applied the above formula.
Answer:
C. Reduced prices of Sony televisions resulted in an increase in the quantity demanded.
Explanation:
Sony is a well known brand . What could explain a sudden double increase in sales while other brands' didn't is most likely a reduction in in prices of Sony products. It is a well known brand and they sell quality products which customers trust. Having a discounted price means they are offering a sale which customers would want to take advantage of.
