Answer:
A market economy functions under the laws of supply and demand. It is characterized by private ownership, freedom of choice, self-interest, optimized buying and selling platforms, competition, and limited government intervention.
Answer:
True
Explanation:
The purpose of any business is to make profit, which is from the difference between revenues (price of product multiplied number of product sold) with the cost of goods sold (average total cost multiplied number of product sold).
In short, the profit = (price - average total cost) x number of product sold.
Normally the price must be above/ higher than cost, so that the firm can have profit. Sometime the price in the market go down, so the firm have have to adjust down its price also to maintain customer's purchases.
Once its price is down, but the firm's average total cost is still same as previous, the firm can not have profit as previously. The firm may bear this situation as long as its capital capacity allowed, but will not be too long.
A.
because as you're passing the page you are scanning it and looking for the answer
B is the answer. you cant acquire many supplies.
The area of the consumer decision that is being used by this company is the target of American culture, an ethnic subculture, and family.
<h3>What is consumer decision?</h3>
This is the term that is used to refer to the decisions that are being made by people in the consumption of goods and services.
People make these decisions based on their families, their culture and the area that they find themselves.
Read more on consumer decision here:
brainly.com/question/26636151
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