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Tomtit [17]
3 years ago
10

Which of the four main advantages of price in a free market economy would best represent the statement, “Prices can be easily in

creased to solve a problem of excess demand”?
price as an incentive

price system is “free”

prices as signals

flexibility
Social Studies
2 answers:
bazaltina [42]3 years ago
7 0

Answer:

The correct answer here is D: Flexibility

Explanation:

The free-market economy is a system which allows for several advantages, unlike other systems. One of them is the availability of products on the market for consumers to acquire. Also, it allows for people to innovate and create products that respond to the needs of consumers and at the same time to make a profit for their creations, without having anyone control what you produce, and how much you make from it. It all depends on the demand from consumers. The pricing system is a medium through which products acquire their value depending on the supply and demand available and also the existence of competition. As a product is brought out initially, its price will be high as it has no further competition and it may be unique. However, as more products become available, and competition rises, prices will start changing, and the ones who offer good quality at better prices will flourish while the others may fail. This shows the capacity for flexibility given by the pricing system.

Verizon [17]3 years ago
6 0
Your answer should "flexibility"
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aev [14]

Answer:24              

yeah i ts

                                         

5 0
3 years ago
What kinds of figurative language does king use in his speech to describe inequality and the work of the civil rights movement?
Pavlova-9 [17]
The opening of King's speech uses metaphors to compare the promises of freedom made in the Declaration of Independence, the Constitution and the Emancipation Proclamation and the failure of these documents to procure those freedoms for all. He then turns to a metaphor familiar to all--the weather.

Quote: "This sweltering summer of the Negro's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality."

Metaphor: King compares the legitimate anger of African-Americans to sweltering summer heat and freedom and equality to invigorating autumn.

Analysis: Anyone who's visited Washington D.C. in August has a keen understanding of what a "sweltering summer" produces--frustration, suffering, restlessness and a longing for relief. The hundreds of thousands in attendance would have clearly understood the implications of the need for relief from a sweltering summer day and the need for legislation that would procure rights for minorities; relief that began to arrive with the Civil Rights Act of 1964.
6 0
4 years ago
in 1956, the Suez Crisis threatened to ignite a multinational war. Which number represents the area in which this crisis took pl
serg [7]

Answer:

The Suez Crisis took place at the location of the Suez Canal in Egypt. 

Explanation:

The Suez Canal is located between the mainland of Egypt and the Sinai Peninsula. This is north of the Gulf of Suez. This canal connects the Mediterranean Sea to Indian Ocean.  The canal was important in particular to oil transportation. The Suez Crisis centered around Arab and Israeli conflict in which Israel invaded Egypt and took control of the Suez Canal. This canal was heavily used by <u><em>Europe and therefore almost led to World War III. </em></u>

Mark me brainliest if I helped:D

3 0
3 years ago
The concept that individuals with issues relating to impaired cognitive understanding should not be held culpable was used as ea
ahrayia [7]

Answer:

- Without mastery of mind.

Explanation:

As per the question, the Roman law categorized the individuals who possess issues associated with cognitive understanding as 'non compos mentis' or 'without mastery of the mind.' The term is employed to describe the persons with an 'unsound mind' as these people possess an impaired cognitive grasp. Thus, <u>the Roman law declared that these people must not be held 'guilty'('culpable') as they are unable to think appropriately and clearly due to 'lack of sanity and control of their mind</u>.' Thus, the correct answer is 'without mastery of the mind.'

3 0
3 years ago
A small, independent farmer who produced mostly for their own family is called a​
Akimi4 [234]

Answer:

Subsistence agriculture

Explanation:

occurs when farmers grow food crops to meet the needs of themselves and their families on smallholdings. Subsistence agriculturalists target farm output for survival and for mostly local requirements, with little or no surplus. ... Most subsistence farmers today operate in developing countries.  

If you wanted an explanation.

4 0
2 years ago
Read 2 more answers
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