A Mixed Economy: The Role of the Market. The United States is said to have a mixed economy because privately owned businesses and government both play important roles. ... When economic forces are unfettered, Americans believe, supply and demand determine the prices of goods and services.
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At the equilibrium price and quantity, there is neither a surplus nor a shortage of the product. How does price affect a seller's decision to produce a product? If the price consumers are willing to pay for a product is high, producers will produce more of that product.
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The answer would be flexible in the missing blank.
To believe and make people know we can do this
