Market economy is understood as the organization and allocation of the production and consumption of goods and services arising from the interplay between supply and demand. The characteristic that defines the importance of the market economy is that decisions about investment and the allocation of production goods are made mainly through markets.
In a market economy, producers and consumers can interact in the market. It is assumed that both types of economic agents assume the price of the goods as a given data (that is, they are "price acceptors" - "preneurs de prix" in French, "price takers" in English.- See Origin and assumptions in "Law of Walras".) And, from there, they make their production and consumption decisions, seeking to maximize the gain in the case of the bidders and the utility function (satisfaction) in the case of consumers. The participation of these actors, offering and demanding quantities of goods and services, in turn alters market conditions affecting the evolution of prices.
It is referred to as stratification by age or age stratification.It can also be defined as a system of inequalities that have something to do with age.In the west, both the old and the young are seen and treated as incompetent and not included from social life.It is a key source of inequality that may lead to ageism.
Answer:
The source of law is a regulation because in the third paragraph the neighbor wants the car back after it was fixed.
Explanation:
The correct answer is letter <span>b. the fall of the Mongol Empire. The</span> event that marked the end of cultural and economic unity along the Silk Road is the fall of the Mongol Empire. The event made a big change after being united to fall.
Answer and explanation:
If using the test-retest method, a professor of an introductory psychology course finds the scrores equivalently low in both testing situations, then the best action to take as the next step, in my opinion, it would be to revise the content of the course all over again in order to dismiss the idea of a bad teaching method that could be preventing students to understand things. And then, the test could be applied once more.