In a free market system, decisions about what and how much is produced are made by the producer.
<h3 /><h3>What is a Market?</h3>
A market is a place where buyer and seller. They exchange goods and services, for a barter or for an agreed price.
Free market system is a type of market which is ideal for the seller, as there is less intervention by the government, also the property is private, the seller have the choice to make decisions. There is competition also which makes it an ideal market for the buyer too.
The autonomy is with the seller about setting the prices and other business matters which enables good interest and motivation for the seller/ the owner of the business/ the participant in the free market.
In a free market it is the choice of the producer to take decision about what and how much of the produced is to be made.
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In 6 years you will have $7,400.
5000×0.08=400
5000+400(6)=7400
Explanation:
In this question we are going to have the triad to be the
A. the World Wildlife Fund,
B. The United Nations Environment Programme,
And also
C. World Meteorological Organization as the most appropriate.
2. The reaction of the audience to the message is going to be imagined. It would be deeply thought about and the reaction is going to be anticipated in the most natural way that they are expected to react. Messages can be designed in this way.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Football Helmets
Sales revenue $ 340,000
Variable costs (280,000)
Contribution margin $ 60,000
Fixed costs (110,000)
Operating income (loss) $(50,000)
Effect on income= fixed costs - operating income= -110,000 + 50,000= - 60,000
Product development and market place development are two strategies that are part of a diversification evaluation.
A product is an item supplied for sale. A product can be a service or an item. it is able to be physical or in digital or cyber shape. every product is made at a cost and each is offered at a fee. The fee that may be charged depends available on the market, the first-rate, the advertising, and the segment that is focused on.
A product is any item or provider you promote to serve a purchaser's need or need. They can be physical or virtual. bodily products encompass durable goods (along with automobiles, fixtures, and computer systems) and nondurable goods (along with food and beverages).In marketing, a product is an item, or machine, or provider made to be had for purchaser use as of the customer demand; it's far something that can be offered to a marketplace to fulfill the desire or want of a patron.
Product is the centre of all advertising and marketing sports, without a product, advertising can't even be imaged. proper merchandise is the key to market fulfillment. Product selections are taken first by means of the marketers and these selections are the center of all different advertising selections, together with price, advertising, distribution, and so forth.
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