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kow [346]
2 years ago
10

What determines the number and prices of goods and services that will be

Business
2 answers:
KengaRu [80]2 years ago
7 0

Answer:

D. The law of supply and demand

Explanation:

A market economy is an economy that exists in a perfect market. The economy is controlled by the forces of demand and supply. This means that no party controls or determines the price nor the quantity in the market, but the law of demand and supply.

Troyanec [42]2 years ago
4 0

Answer:

D. The law of demand and supply

Explanation:

The law of supply states that all things being equal the higher the price the higher the quantity of a commodity that will be supplied. The law states that when the price of a commodity is high in the market, more of it will be made available to consumers and vice versa

You might be interested in
Scenario
alekssr [168]

Answer:

Create a guide that security personnel will use that includes procedures for implementing an access control change.

Explanation:

The procedure guide must contain the steps Always Fresh security personnel should take to evaluate and

implement an access control change. You can assume any change requests you receive are approved.

Ensure that your procedures include the following:

▪ Status or setting prior to any change

▪ Reason for the change

▪ Change to implement

▪ Scope of the change

▪ Impact of the change

▪ Status or setting after the change

▪ Process to evaluate the change

Required Resources

▪ Internet access

▪ Course textbook

Submission Requirements

▪ Format: Microsoft Word (or compatible)

▪ Font: Arial, size 12, double-space

▪ Citation Style: Follow your school’s preferred style guide

Self-Assessment Checklist

▪ I created a procedure guide that provides clear instructions that anyone with a basic technical

knowledge base can follow.

▪ I created a well-developed and formatted procedure guide with proper grammar, spelling, and

punctuation.

▪ I followed the submission guidelines.

7 0
2 years ago
The long-run aggregate supply curve is vertical:
IceJOKER [234]

Answer: Option(c) is correct.

Explanation:

The long run aggregate supply(LRAS) curve is vertical as resource prices eventually rise and fall with product prices.

When there is an increase in the price level of the output, so in the long run this will also result in an increases in the prices of the factors of production.

Hence, aggregate supply curve in the long run is vertical.

Vertical LRAS also shows that whatever change happen in the aggregate demand has a temporary impact on the level of output. Factors such as capital, labor, technology impact the LRAS because it was assumed that everything is used optimally.    

7 0
2 years ago
Assume there is a national lottery and the winning ticket is worth​ $10 million. one winning ticket will be selected. if there a
boyakko [2]
The probability that the buyer of one ticket will win the lottery that is worth $10 million will be determined or calculated by dividing the number of tickets that a person has by the total number of tickets which were sold at a certain period. When this statement is translated to mathematical expression,
     P = x / S
where P is the probability, x is the number of ticket bought by the winner (this number is already given to be 1), and S is the number of the sample (this is given to be 175175 million. Substituting the known values,

  P = 1 / 175175 million

<em>ANSWER: 5.71 x 10^-12</em>
7 0
3 years ago
Emily has used this file format many times, as it is suitable for photographs, and highly compressed, which makes it a good idea
katrin2010 [14]
<span>JPEG There are a lot of different file compression formats that are usable for images, but the most likely one Emily is using is JPEG. The amount of compression you can get from JPEG is configurable as an input parameter where you can get more compression by losing more fine detail. At moderate levels of loss, you can get extremely high compression ratios. One of the major problems is that JPEG does not do well when you expand a compressed image, edit it, then compress the edited result. Because of this, for picture editing purposes, a lossless compression format is recommended for original images that may be edited in the future.</span>
6 0
3 years ago
The ______________ concept holds that a company's marketing should support the best long-run performance of the marketing system
erica [24]
The marketing concept 
6 0
3 years ago
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