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
denpristay [2]
3 years ago
13

What are the four characteristics of the Price System?

Social Studies
2 answers:
anyanavicka [17]3 years ago
6 0

The four characteristics of the Price System are

· Neutral

· Market-Driven

· Flexible

· Efficient

Explanation

It is neutral because the prices isn't in favor of the manufacturers or consumers will.

It is market-driven because, for each product, the market determines the price which depends on the productivity of the product.

It is flexible because as seen in the previous factor, when market conditions vary, prices adapt instantly.

It is efficient because the prices of products adjust to the sale level increasing chances of profit.

polet [3.4K]3 years ago
5 0

Flexible that's when market conditions change, so do prices. Efficient that's resources are allocated efficiently since price adjust until the maximum number of goods and services are sold. Market driven that's Market forces not government policy determine prices. in effect the system runs itself. Neutral that's when both consumer and producer make choices that determine equilibrium price.

You might be interested in
Which example highlights political equality?
givi [52]
C. Women were unable to vote in history, fighting for equality got women the right to vote. It was a big step forward towards equality.
7 0
3 years ago
How did travel and economy (currency, goods traded, methods of travel) in Ancient Rome lead to its fall?
nadezda [96]

Answer: Trade Routes and Currency Help the Romans Build a Stronger Empire. A key part of any economy is trade. Traders traveling by land and sea connected people and goods throughout the empire.

Explanation:

4 0
3 years ago
Read 2 more answers
After what duration of time might it be reasonable to consider discontinuing resuscitation?
Damm [24]

It is fair to think about halting resuscitation in a newborn baby with no detectable heart beat if the heart rate is still absent after 10 minutes.

While people experience a cardiac arrest, they are talking to their family, going through the mall, or watching a game when they look to be completely normal. The best scenario in this condition would be to start a resuscitation procedure right once and ask for medical assistance, however this is a challenging situation and time is crucial to the patient's survival.

  • Many experts predict that within 5 minutes, 50% of people who have experienced a cardiac arrest will be dead, and that the death rate will then increase by 10% per minute after that. So in the end, everyone will pass away in ten minutes. As a result, we can say that once all resuscitation attempts have been exhausted and there is no detectable pulse rate, 10 minutes would be a reasonable time to consider resuscitation interruption.
  • These Neonatal Life Support Guidelines were created by Resuscitation Council UK (RCUK) based on the European Resuscitation Council Guidelines for Newborn Resuscitation and Support of Transition of Infants at Birth and the 2020 Consensus on Science and Treatment Recommendations for Neonatal Life Support . The care of the term and preterm infant is covered by the guidelines.

To learn more about Resuscitation visit:brainly.com/question/3725035

#SPJ4

4 0
1 year ago
You notice that bob always seems to come up with ideas but never supports them, mary always gets excited about bob's ideas and u
topjm [15]
The answer is "these three members have different <span>value or roles in the group".
</span>
Values refers to our own convictions that we accept are imperative both to us and society all in all. As in the above situation Bob, Mary and Tom have different and their own roles and values in the group.
6 0
3 years ago
true or false: archaeologists use settlement pattern information to make estimates about when a particular site was inhabited.
Anestetic [448]

This assertion is accurate. The phrase "settlement pattern" in the scientific discipline of archaeology refers to the physical evidence of communities and networks in a particular area. This information is used to interpret how historically interdependent local groups of people interacted.

<h3>Why do we research settlement patterns?</h3>

In addition to providing information on the present economic, political, and social conditions, settlements and the patterns they leave behind on the surface of the Earth also serve as a historical record of previous conditions. The land-use and settlement patterns of the past are revealed through the current settlement patterns.

<h3>What influenced the patterns of settlement?</h3>

The physical geography of the land is one of the most fundamental elements influencing settlement patterns. Climate is important because it makes it harder for huge populations of people to dwell anywhere, especially if they depend on farming, if it's too dry, too cold, or too hot.

Learn more about settlement patterns: brainly.com/question/12795394

#SPJ4

4 0
1 year ago
Other questions:
  • Alexandra and Anders are playing a game where Anders hides a stuffed animal and Alexandra tries to find it. When she does, Alexa
    11·1 answer
  • How many neutrons does an element have if its atomic number is 46 and its mass number is 160
    15·1 answer
  • In what way was the Islamic expansion into India similar to the way Islam expanded in other areas?
    6·2 answers
  • Shani poses as the Statue of Liberty for an art class. She holds a torch above her head with her right hand and a book against h
    15·1 answer
  • Which of the following are good descriptions of Genghis Khan’s military? (Mark all that are true)
    12·1 answer
  • Richard Hamilton decided to make art that __________________________,just like car bodies and the latest consumer goods.
    9·2 answers
  • Pagsasanay 3Sa larangan ng akademikong pagsulat may malaking kaugnayan ang iba’t ibang makrong kasanayan. Ngayon sa iyong palaga
    15·1 answer
  • Nou Ka is putting red marks on the noses of infants and placing them in front of a mirror to see how they respond. What is Nou K
    8·1 answer
  • I NEED HELP ASAP
    7·1 answer
  • Patterns of direct verbal assertiveness, linear logic, straightforwardness, and transparent messages are often generated from __
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!