Economy of US can be considered as a highly market economy.
Explanation:
The spectrum between the command-mixed- market economies depend on the level of government intervention of the market and how much the produce of the economy depends on the market practices or the artificial rules of the government put in place.
In US the market is dictated by the market rule only and the government has very little to do apart from the terms of the sanctions it lays on them.
So, the economy tends towards the market and not to the command.
<span>MasterCard uses a history of credit card transactions to provide information for targeted marketing. marketing and business planning. For example, your bank may notice a customer purchasing numerous airline flights and generate an offer for a credit card that offers airline miles as a reward. It can also go directly to the airlines and negotiate a special offer or deal for it's cardholders.</span>
For a monopolist facing this demand curve, the profit-maximizing quantity is 50 and the profit-maximizing price is $2.
The curve is a payment card that aggregates multiple payment cards via a companion mobile app, allowing users to pay and withdraw from one card. You can 'change the bank card you paid with after each transaction is completed.
The curve allows you to change the card used for a particular purchase 30 days after purchase. This is useful if you accidentally use the wrong card or need to manage your credit limit.
In a simple closed curve, the shape is closed by lines or curves. Triangles, squares, circles, etc. are examples of closed curves. A curve that has the same start and end points and does not intersect is called a simple closed curve. A circle is a simple closed curve.
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There are large variation in the individual price indexes for consumption categories leading to the agency providing an additional price indexes across many different types of goods
<h3>What are
price indexes?</h3>
Price indexes refers to an economic measure that shows how prices change over a period of time.
In conclusion, the large variation in the individual price indexes for consumption categories leads to the agency providing an additional price indexes across many different types of goods
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Answer:
THE PRICE OF COFFEE
Explanation:
Demand has 4 determinants : Price , Other Factors [Others price (Substitutes / Complements) , Income , Taste]
Any change in Demand due to Price is 'Change Quantity Demanded': reflected by movement on the curve itself - Expansion (due to fall in price) , Contraction (due to rise in price) .
Any change in Demand due to other factors is 'Change in Demand': reflected by shift in the entire curve - Increase in Demand (demand curve rightwards shift) , Decrease in Demand (demand curve leftwards shift)
So , 'Change in Quantity Demanded' of Coffee can only be due to : Change in Price of Coffee (its own price) .
