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Radda [10]
3 years ago
13

Which of the following groups of players make all of the economic decisions in a free-market system?

Social Studies
2 answers:
jeka57 [31]3 years ago
5 0

Answer: Producers and consumers

Explanation:

A free-market system is an economic system in which the market decides the prices of goods and services through supply (producers) and demand (consumers) with little or no government intervention or control. . The economic decisions solely rest on the producers and consumers. The producers are free to use resources to produce goods and services and sell it in their choice of market. The consumers are also free to purchase or buy goods and services that they want or need

mezya [45]3 years ago
4 0

Consumers and producers.

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Tcecarenko [31]
Both China and North Korea still have Communist rulings, therefore both of them are Communist nations. 

The correct answer is B: They are both communist nations.

We can also eliminate the other choices.

A: Does not make sense, since North Korea is not even close to being the largest country in East Asia. 

C: Both China and North Korea do not have Democratic Constitutions, since they are both Communist Nations.

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Therefore, the correct answer has to be B.

Hope this answer helped! Have a great day!
7 0
3 years ago
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Which estimating technique decomposes the work into lower, more detailed pieces, preferably the lowest level of WBS work element
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Bottom-up estimating is the project managing tool followed by many of the firms to estimate the cost and duration of project tasks. The bottom-up estimation consumes more time.

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