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2 years ago

In a pure market economy, the "What to produce?" question is ultimately answered by:

Business

1 answer:

Genrish500 [490]2 years ago

8 0

In a pure market economy, the "What to produce?" question is ultimately answered by : consumer sovereignty.

Explanation:

Market autonomy is a two-way economic concept. Market autonomy in production applies to what finished products should be produced from these materials to the control power of the customers over those with scarce resources.

For example, the highest levels of consumer autonomy occur of consumers on the free market. The customer can buy any product in any quantity he wants. But the state or central government decides what to manufacture in a command economy.

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Ian Sanders offered to sell his car to Beth Jones for $5,000. Subsequently, Beth demanded that he provide new seat covers for th

Sergeeva-Olga [200]

This question is incomplete because the options are missing; here is the complete questions:

Ian Sanders offered to sell his car to Beth Jones for $5,000. Subsequently, Beth demanded that he provide new seat covers for the car as she was paying a rather heavy price for the car. Beth's response represents a(n) ________.

A. Inquiry regarding terms

B. Rejection of the offer

C. Conditional acceptance of the offer

D. Additional term

The correct answer to this question is D. Additional term

Explanation:

In a contract, the terms refer to the specific conditions or obligations the parties involved accept. These terms are usually registered in a document as not following the terms has legal consequences. In the case presented, the answer of Beth represents an additional term because the purpose of her answer is to include a new condition or obligation that the seller of the car should accomplish as part of the agreement between seller and buyer.

3 0

3 years ago

Todd’s parents are going to visit him, and he wants to take them out for dinner to an upscale restaurant. He is not sure about w

Marizza181 [45]

Answer:

d. Expertise

Explanation:

Based on the information provided within the question it can be said that the characteristic that Todd most likely considered was his boss' expertise. This term refers to the expert skill or knowledge that an individual may have in a specific field or area. Since Todd's boss often patronizes upscale restaurants Todd believes that he has a lot more knowledge than most on that topic.

3 0

3 years ago

The __________ states that businesses will produce more products when they can sell them at higher prices.

jeka94

The answer that would best complete the given statement above would be option A. It is the LAW OF SUPPLY that states that businesses will produce more products when they can sell them at higher prices. On the other hand, the law of demand states that buyers will want more products when prices are low. Hope this answers your question.

7 0

2 years ago

Read 2 more answers

2022 altima’s xtronic cvt includes adaptive ratio control, which ________.

Flura [38]

Considering the automobile analysis, the 2022 Altima's X-Tronic CVT includes adaptive ratio control, which "varies transmission response depending on the driving situation."

<h3>The 2022 Altima's X-Tronic CVT </h3>

2022 Altima's X-Tronic CVT is one of the latest brand vehicles made by the Nissan manufacturer. The vehicle is finely designed to give users modern features and functions.

The 2022 Altima's X-Tronic CVT comes with adaptive ratio control, which "varies transmission response depending on the driving situation, "enhancing the ease of navigation system when driving through the road.

Hence, in this case, it is concluded that the correct answer is "varies transmission response depending on the driving situation."

Learn more about automobile features here: brainly.com/question/25981194

4 0

2 years ago

In two to three sentences, answer the following:

VladimirAG [237]

Answer:

The information that we can get from stock quote is about bidding price, details of previous bidding, etc.

Explanation:

A stock quote can be defined as the last price of stock of exchange. It is the price on which the traders and the buyers consented in their last trade or exchange.

The details that a stock quote provides is the price of last bid, volume of trade, bid price, volume of trade. The buyers and traders can access this information either on their phones, newspapers, news media, online portals etc. The stock quote is shown in decimals.

4 0

3 years ago