In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
When you live in a community there is a sense of belonging since people know each other
When you live in a community there is usually security or neighborhood watch to keep you safe
When you live in a community there is cooperative because of there isn’t it won’t be a very happy community
There is a lot of places to be social in a community
When you live in a community there is a cleaner environment due to the city cleaning it
The answer would be : B. business
Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer
Answer:
monopolistic competition
Explanation:
Monopolistic competition -
It refers to a type of competition , where the some sellers sell similar products but exactly the same , is referred to as monopolistic competition .
The goods and services are not exactly the copy of each other , rather are just similar in nature , with similar components .
Hence , from the given scenario of the question ,
The correct answer is monopolistic competition .
