Market economy is understood as the organization and allocation of the production and consumption of goods and services arising from the interplay between supply and demand. The characteristic that defines the importance of the market economy is that decisions about investment and the allocation of production goods are made mainly through markets.
In a market economy, producers and consumers can interact in the market. It is assumed that both types of economic agents assume the price of the goods as a given data (that is, they are "price acceptors" - "preneurs de prix" in French, "price takers" in English.- See Origin and assumptions in "Law of Walras".) And, from there, they make their production and consumption decisions, seeking to maximize the gain in the case of the bidders and the utility function (satisfaction) in the case of consumers. The participation of these actors, offering and demanding quantities of goods and services, in turn alters market conditions affecting the evolution of prices.
The answer is Make sure all aboard are wearing USCG-approved PFDs. And also Make sure all aboard are wearing USCG-approved life jackets. On a vessel underway, children under 13 must wear an appropriate Coast Guard-approved PFD, unless they are below decks or in an enclosed cabin. Life jackets must be Coast Guard-approved, in serviceable condition and the appropriate size for the intended user.
Answer: The organizational commitment that focuses on personal and family issues more than the other two commitment types is:
c. normative commitment
Explanation: The normative commitment is a type of organizational commitment where employees feel that leaving their organisation would have disastrous consequences, and feel a sense of guilt about the possibility of leaving.
This is related to personal and family issues because anyone who have this type of commitment would not hurt other family members for his or her own gain.
Traditionally economists have considered culture customs and religion as relatively unimportant factors in explaining the choices consumers make.
