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klio [65]
3 years ago
13

The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________. compete again

st each other; shows that there is no winner respond to prices; determines the price compete against each other; determines the winner determine the price; shows how they respond to prices
Business
1 answer:
koban [17]3 years ago
5 0

Answer:

The correct answer is the second option: respond to prices; determines the price.

So the final statement will be:

The demand and supply curves show how buyers and sellers respond to prices; the interaction of buyers and sellers determines the price.

Explanation:

To begin with, in the microeconomics theory both the demand and supply curves are economic functions that are represented in the graphic in order to give a better understanding of what is going on in the reality of the economy out there. So that means that they are both determine by the quantity demanded or supplied and the price, the relation between those two components. And regarding that, they both will show how the buyers and sellers respond to prices. Moreover, their interaction will determine the price as explained before.

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Markets always allocate resources in ways that meet ideal economic efficiency.
Virty [35]

Answer:

False. Markets can sometimes fail to reach efficiencies when there are externalities, public goods, monopoly, or serious information asymmetries

Explanation:

Invisible hand (effective allocation of resources in a laissez faire economy) sometimes works because when market function effectively and send correct price as signal of values (to society) to producers.

However, when goods can't be traded on markets (public goods) or its values are not correctly reflected on markets (externalities, information asymmetries) or competition is not ensured (monopoly), markets cannot ensure effective allocation of resources.

5 0
4 years ago
Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs. This is an
Anarel [89]

Answer: product differentiation

Explanation:

From the question, we are informed that Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs.

This is an example of a barrier to entry which is known as product differentiation. Poduct differentiation is when a company makes its product different from other similar products so that the product will be more attractive and unique from others.

7 0
3 years ago
When the federal reserve decreases the federal funds target rate, it means that
Alex
That it increases the money supply and the inflation is higher. More money can be loaned out by the bank.
5 0
3 years ago
CCP is an acronym for<br> and
alexandr402 [8]

Answer:

CUBIC CLOSE PACKING

Explanation:

it is known to be the densest possible packings of equal spheres. Simple cubic packing consists of placing spheres centered on integer coordinates in Cartesian space

8 0
3 years ago
What types of securities would a mutual fund called Westgo Fixed Income Fund be likely to hold in its portfolio
scoundrel [369]

The Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

<h3>What is a mutual fund?</h3>

A kind of financial vehicle in which assets from shareholders are pooled to invest in different securities like bonds, stocks, and many more. It is maintained or held by individuals or small investors.

For a smart investment, a fund holder has a manager, who is named as an investment adviser. This adviser works for the mutual fund shareholder. It is the adviser's responsibility to monitor market trends and advise the investor or holder on where and how much to invest.

Therefore, Westgo Fixed Income Fund is a mutual fund that holds an array of bonds and common stocks in its portfolio.

Learn more about mutual funds from here:

brainly.com/question/14291192

#SPJ1

5 0
2 years ago
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