supply and demand determines prices levels for goods and services in a market economy.
A market economy is characterized by the free entry and exit of firms, that is, it is an economic system based on competition. In this context, firms compete for the market through price practices. Consumers will buy from the firms that practice the lowest price and firms that charge a higher price will be eliminated by the competition.
When the market places a price where the supply of goods and services will equal the demand for goods and services, the economy will be in equilibrium.
Answer:
Merchant
Explanation:
Before Muhammad started to have the revelations and focus on preaching the word of God/Allah, he did had a profession. His profession was a merchant. He was a good merchant from what is known, and he had a good training for this profession since early age.
Answer:
A- Soot and Smoke Blacken City Apartment Windows.
Explanation:
The first option would best illustrate the life of a factory worker. Factory workers would work long hours without rest, often working in dirty, dangerous conditions. They wouldn't have much time for leisure, and their pay was abyssmal. Being a factory worker during the Industrial Revolution is a job no one would want, but one that everyone at the time needs.
Answer:
Northern economy was much more industrial than the economy in the Southern states. Thus it meant that society was much more transformed in the North than in the South.
Explanation:
Answer:
The renewal of an advisory contract under different terms than the preceding contract requires that a revised brochure must be given to the customer at, prior to, contract renewal
.
Explanation:
First, we need to define a term called ADV part 2A: Form ADV is a form used by investment advisers to register with the Securities commission and Exchange Commission (SEC) and state securities authorities.
There is no requirement to file an ADV Part 2A with a balance sheet promptly unless the adviser for the first time will accept $1,200 or more of prepaid fees, 6 months or more in advance of services rendered.
The "2-Day Free Look" at the "Brochure" is only required under NASAA rules for customers that are signing an advisory contract with that adviser for the first time - so it only applies to State-registered advisers, not to Federal Covered Advisers.