Answer: In the carrot scenario, Derek is able to find carrots at the price he wishes to pay because one competitor offers a lower price. That competitor is successful in making a sale and competition causes the consumer to keep looking until the desired price is found. Likewise in the computer scenario, Melissa still searches in a number of places for the desired computer. Competition again is driving the consumer action of shopping around. However, in this case, the consumer is unable to find the desired price and ultimately decides that since all competitors are asking the same price, this must be a fair market price. In that case Melissa wants the model she wants and is willing to pay a higher price for it, but only after exhausting all of her available options by checking out many competitor prices.
Answer:
communism
Explanation:
Also it was never actually created by Russia and China though they were taking steps to try to achieve it.
Answer: flavors of ice cream
Explanation: Subjectivism theory sees values of what is morally right or wrong like the "flavors of ice cream" i.e values of what is right or wrong is just a matter of what one personally prefers.
This theory holds that there is nothing like objective moral truth and and the only standard of judgement should be that of individuals rather than communal i.e the standard of judgement should be the individual moral conscience.
<span>It does not allow the government to handle the important needs such as common currency or taxes on trade goods. Not to mention that because of their Articles of Confederation they cannot elect a chief executive or one official leader</span>