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nadezda [96]
3 years ago
15

In a free market economy, the market, not the

Business
2 answers:
mylen [45]3 years ago
8 0
In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.
Gelneren [198K]3 years ago
5 0

Answer: 1. government , 2. consumers , 3. producers

Explanation: edmentum / plato

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Match the types of goods with their characteristics regarding exclusivity and rivalry. The task is to match the lettered items w
In-s [12.5K]

Answer:

1. Excludability

2. Rivalry in Consumption

3. 4 Different Types of Goods

4. Private Goods

Explanation:

4 0
3 years ago
n 1973, long lines of cars appeared at American gas stations, which either ran out of fuel or limited how much a customer could
natita [175]

Answer: the oil embargo

Explanation:.

4 0
2 years ago
A manuscript is sent to a typing firm consisting of typists A, B and C. If it is typed by A, then the number of errors made is a
spin [16.1K]

Answer:

(a) E(X) = 3

(b) Var(X) = 12.1067

Explanation:

(a) E[X]

E[X]T = E[X]T=A + E[X]T=B + E[X]T=C

         = (2.6 + 3 + 3.4)/3

         = 2.6 (1/3) + 3(1/3) + 3.4(1/3)

         = 2.6/3 + 1 + 3.4/3

         = 3

(b) Var (X) = E[X²]−(E[X])²

Recall that if Y ∼ Pois(λ), then E[Y 2] = λ+λ2. This implies that

E[X²] = [(2.6 + 2.6²) + (3 + 3²) + (3.4 + 3.4²)]/3

         = (9.36 + 12 + 14.96)/3

         = 36.32/3

         = 12.1067

Var(X) = E[X²]−(E[X])²

          = 12 - 3²

          = 12.1067 - 9

          = 3.1067

8 0
3 years ago
Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have w
kramer

This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.

Why do economies in developing countries grow slowly?

The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.

What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.

Learn more about financial markets: brainly.com/question/16623249

#SPJ4

4 0
2 years ago
Time Remaining 1 minute 56 seconds00:01:56 Item 1Item 1 Time Remaining 1 minute 56 seconds00:01:56 You Save Bank has a unique ac
Amanda [17]

Answer:

Future value = 16007.81437

Explanation:

we have to compound all the rates for the time period together as the 7,750 as exposed to this rate and their interest generated in one period are taking into consideration for the subsequent period interest calculations.

7,750 (1.06)^3(1.066)^2(1.073)^6 = FV

We multiply them and get the future value factor:

7,750 \times 2.065524435 = FV

we now can solve for future value:

Future value = 16007.81437

6 0
3 years ago
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