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Rudik [331]
3 years ago
10

How are prices determined in a pure market economy?

Social Studies
2 answers:
nikdorinn [45]3 years ago
6 0
In a free market economy the price is determined by supply and demand within the market. Demand being the quantity of something that buyers will be willing to purchase at a set price. And supply is the amount of the product that the sellers can offer at the set price.
RoseWind [281]3 years ago
3 0
Prices are determined in a free market economy through the interactions of supply and demand in the Marketplace <span>where demand is the quantity of a product that buyers are willing to purchase according to a given price and supply is the amount of a product that sellers can vendor to customers at a given price.</span>
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e-lub [12.9K]

It's <u>true</u> that perception is the organizing, recognition, and interpretation of sensory data in order to represent and comprehend the formation or environment that is being given.

<h3><u>How does perception work?</u></h3>

It takes organization, recognition, and interpretation of sensory data to represent and comprehend the information or environment that is being presented. All perceptions entail neural system impulses that flow through them, which come from chemical or physical activation of the sensory system.

The smell is communicated by odor molecules, hearing is transmitted by pressure waves, and vision is mediated by light striking the retina of the eye. In addition to the recipient's learning, memory, expectancy, and attention, perception is the active interpretation of these signals.

This process of turning low-level information into higher-level information is known as sensory input. The process that follows links a person's concepts and expectations (or knowledge), restorative and selective mechanisms (like attention), and perceptual-influencing perception.

Learn more about perception with the help of the given link:

brainly.com/question/14314964

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8 0
2 years ago
Man made landscape is the landscape that is created by a man true or false​
ahrayia [7]

Answer:

true

Explanation:

6 0
2 years ago
What is ethnocentrism and discuss why people are ethnocentric
Soloha48 [4]

Answer:

Explanation:

Ethnocentrism is a major factor in the divisions among members of different ethnicities, races, and religious groups. It's the belief that one's ethnic group is superior to another. Ethnocentric individuals believe they're better than other individuals for reasons based solely on their heritage.

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3 years ago
How did South Asia and the Mediterranean basin develop economically in the first millennium BCE? How did these economicdevelopme
Tema [17]

1. South Asia and the Mediterranean regions were among the first places where civilizations spurred. These civilizations started to develop on the basis of agriculture, as the production of enough food was the most important. Once this problem was solved, the people started to specialize and engage into other activities. One of the first activities was to trade goods with the surrounding people. As these civilizations had at disposal certain goods that were highly demanded, they used this in their advantage, and through the trade they managed to gradually get lot of wealth, and that wealth was invested in further development of their societies.

2. Because the people in these two regions managed to obtain wealth through trade, they were able to invest in their societies. This resulted in the formation of larger settlements, cities, which were made in a highly organized and aesthetic manner. As the people had lot of free time in these cities, they were able to engage into other activities, such as the sciences and philosophy. The people started to think about life, the universe, the nature, how and why the things happen. Gradually this had given rise to the first thinkers and philosophers, and as the alphabets were developed, they started to write down their thoughts, thus leaving them for the future generations.

7 0
3 years ago
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Fudgin [204]

Answer:

the baby will have a low birth weight.

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Based on the scenario being described it can be said that the a reasonable prediction in this scenario would be that the baby will have a low birth weight. This is because due to the mother struggling and not eating correctly, she therefore lack of sufficient nutrients in the body. Since the mother needs to eat healthy and sufficiently to make sure that the baby is well nutritioned, then it is safe to say that the baby will be malnutritioned as well and have a low birth weight.

5 0
3 years ago
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