1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vivado [14]
2 years ago
8

How does price serve as an incentive in a market economy?

History
2 answers:
statuscvo [17]2 years ago
6 0

Answer:

Price serves as an incentive in a market economy because it provides competition for the producers to have the highest profit

Explanation:

Talking about the market economy and the correlation of price, product, and demands, we have a connected cause and effect not only in the increment or decrease of prices and existence of the product or service but also in the rivalry between similar companies or product to be the one with the control of the biggest part of the market.

Free_Kalibri [48]2 years ago
3 0
How prices serve as an incentive in a market economy is whenever there is a decline in the supply of a particular commodity, what the suppliers do is increase the prices, and in contrast, when there is enough supply, they decrease the prices as well. Hope this answers your question.
You might be interested in
What do we need to do, as private citizens, to ensure our governmental leadership reflects the diversity of the population?
Ilya [14]

This is the wrong type of thinking

Explanation:

Focusing on diversity of color or diversity of race is not what we should be focusing on but instead diversity of thought. Focusing on race is what racists do. If the population wanted a diverse government they would have voted for one. Just because a particular segment of a group is one race does not mean it's a problem. we have a democracy. As private citezins we should ensure our democracy prevails because whatever the people want is what will be found in Congress or politics.

4 0
3 years ago
Which sentence from this excerpt best illustrates Frederick Douglass's use of strong adjectives and verbs?​
defon

Answer:A

Explanation:

Cause I just took the quiz

4 0
3 years ago
How do you view this decision's impact on election reform and free speech? Write a paragraph of at least five sentences explaini
Inessa [10]

Answer: or  this question , I believe this decision is a step in the right direction because the First Amendment is a very important part to our Constitution and how our government is shaped. America is built on the idea of a democracy and that the people rule and have more say. The First Amendment plays a huge part in allowing that right to remain with the citizens. It is especially important around elections because during elections the people are choosing who will represent them in government and help influence the other branches to make specific changes. Allowing political expression increases the people’s confidence in the government

Explanation:

7 0
3 years ago
"The world must be made safe for democracy. (1917)”
ozzi
B and because that’s what I think
6 0
3 years ago
Read 2 more answers
?
galina1969 [7]

Answer:

It wont let me

Explanation:

8 0
2 years ago
Other questions:
  • Earth is 92,960,000 miles from the sun. How else can you express this number?
    10·1 answer
  • How did lincoln view the issue of slavery when the war began flashcard?
    15·1 answer
  • During the War of 1812, what happened when the British blockade prevented manufactured goods from reaching
    7·1 answer
  • Cuánto dinero costaba un esclavo?
    14·1 answer
  • Which was an achievement of the Roman Empire?
    6·2 answers
  • Can someone help me
    12·2 answers
  • After 1965, black civil rights leaders found it difficult to
    5·1 answer
  • Spanish word for contractor
    13·2 answers
  • The ____________________________ was a document (pamphlet) written in 1776 that was used to convince people to declare independe
    7·1 answer
  • Don't break the chain
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!