Answer:
A market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated.
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
Explanation:
I hope this helps!!
It can be very effective because it involved <span>interpersonal interactions.
</span><span>interpersonal interactions on business context refers to a communication between employees and customers that revolved around understanding customer's situation/point of view. Buy understanding this, the sales person could formulate a right move/strategy to match the customers with the most suitable company's product</span>
Problems with developing alternative solutions; BE HONEST WITH YOURSELF ON WHY YOU DROPPED IN GRADES, needs to be doable and realistic, don't develop too many, develop with YOU in mind, testing an alternative can be a problem because you won't find out until the next test,
Answer: This statement is True.
Explanation:
A mission statement for a store or a company is very important. This shows the customers what the store or company wants for their employees and their customers. A mission statement should speak about the values held by the founders and be inspiring for others. Positive goals that are reachable should be included in the mission statement. The mission statement should include why the store or business was made and the reason for its existence.
Answer: Technological component.
Explanation:
In the question, Solar panels are widely accepted by the consumers in the market, therefore it is an important technological component, that influences buyers behavior.
Dabbanth company is aware of the wide customers acceptance of the solar panels, therefore they incorporate it into most of the kitchenwares they produce to draw buyers attention to their product.
