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saveliy_v [14]
3 years ago
12

HELP PLEASE: For the following examples, Select whether they are indicators of a market, planned, or mixed system of economics.

Social Studies
2 answers:
IceJOKER [234]3 years ago
5 0

Answer:

market

mixed

planned

planned

market

mixed

Explanation:

The ability to earn as much money as you can __market system of economics/ free market________

Limited restrictions on economy to protect people from becoming too poor _mixed system of economics________

Belief that all work should be rewarded equally ___planned_system of economics___

Decisions concerning the economy all made by the government _planned economy_______

Belief that hard work should be rewarded __ market_______

Presence of a minimum wage __mixed system of economics________

NikAS [45]3 years ago
3 0

The ability to earn as much money as you can FREE MARKET

Limited restrictions on economy to protect people from becoming too poor MIXED ECONOMY

Belief that all work should be rewarded equally PLANNED ECONOMY

Decisions concerning the economy all made by the government PLANNED ECONOMY

Belief that hard work should be rewarded MIXED ECONOMY

Presence of a minimum wage MIXED ECONOMY

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A market supply schedule shows
Sladkaya [172]

A market supply schedule shows the prices and the quantity of goods supplied in the entire market.

<h2>Further Explanation</h2><h3>Market supply</h3>
  • Market supply is the quantity of goods or services that suppliers are willing to supply to the market at a particular price.  
  • Producers and suppliers will supply goods and services at the most favorable market price that is determined by the forces of demand and supply among other factors.
<h3>Market supply schedule </h3>
  • A market supply schedule outlines the relationship between prices of goods and services and the Quantity of goods and services supplied by the producers or suppliers to the market.
  • Quantity of goods and services supplied by the producers varies with the market price.
  • The supply schedule helps us to come up with a law that we call the law of supply which defines the relationship between price and quantity of goods and services supplied.
<h3>Law of supply </h3>
  • According to the law of supply, an increase in price of a good or a service results to an increase in the quantity of goods or services that suppliers are willing to supply.
  • Conversely, a decrease in price on the other hand will result to low supply of quantity of goods and services by the suppliers.

Keywords: Supply, supply schedule, Quantity of goods supplied, price of goods.

<h3>Learn more about; </h3>
  • Supply: brainly.com/question/8702937
  • Law of supply: brainly.com/question/8702937
  • Supply  Schedule: brainly.com/question/8702937

Level; High school

Subject: Business

Topic: Demand and supply

Sub-topic: Supply

6 0
3 years ago
Read 2 more answers
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