A free market is one where voluntary exchange and the laws of supply and demand provide the sole basis for the economic system, without government intervention. A key feature of free markets is the absence of coerced (forced) transactions or conditions on transactions.
Answer:
substitute goods
Explanation:
Substitute goods are goods consumers found as alternative to each other, while still serving the same purpose of consumption or usage. Consequently, when the price of a substitute product decreases, this will result to increase in quantity demanded for such good, however, the effect is the decrease in demand for the alternate good that it is being used as a substitute.
Hence, when the decrease in the price of hotdogs results in a decrease in the demand for hamburgers. these two products are concluded to be SUBSTITUE GOODS.
Answer:
A. Congress impeaches the president for corruption.
Explanation:
The rule of the law is deemed a fundamental principle of a free and just government in which all people, institutions and the government, are equally accountable under the law, meaning that the law is equally applied to all, regardless of economic status, race, genre, age, beliefs, or position in the government.
Option A illustrates this principle because it demonstrates that even heads of authority like the President is accountable under the law and they are not exempt from penalties (such as impeachment) if they do something illegal, implying that the law is equally applied to all.
Answer:
C- Over two hundred years.
Explanation: Just took test
