Answer:
The correct answer is "no"
Explanation:
A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.
For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.
On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.
Answer:
I believe this saying refers to how we need challenges in our lives so that we can experience failure and learn from it.
Answer: Conflict theorist
Explanation: Conflict theory as pustulated by Marl, States that society is in a state of perpetual conflict caused by competition for limited resources available. It holds that social order in a society is maintain by dominance and power rather than conformity and consensus.
Conflict theorist views society as an arena of inequalities that create social conflict and social change. They are people that believed and hold conflict theory as a view.
Answer:
The correct answer to the following question is option A) .
Explanation:
One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.
Answer:
Explanation:
All of the above.
Companies will be attracted to nations that encourage market exchange and not restrict it, reward innovation, and protect people and property,