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It is said that the question of "for whom to produce" is answered by the market forces in a free market economy. Supply and demand are said to be the market forces. Demand here means people who have enough money to pay on the goods supplied to the market. So it can be said that companies produces for those that have enough money to pay for their goods that already have a cost and a margin that must be gained.
Imperfect monopoly
While most developed nations today could be classified as having mixed economies, they are often said to have market economies because they allow market forces to drive most of their activities, typically engaging in government.
because bob said so
cause in real life market never remains at equilibrium, many factors affect market price and quantity
When a state or nation has control over its own territory that state or nation is said to have sovereignty. This type of sovereignty is called internal or territorial sovereignty.
When a state or nation has absolute control over its territory, it is said to have sovereignty. This means that the state has the authority to govern itself internally and externally without interference from other states.
It is said that the question of "for whom to produce" is answered by the market forces in a free market economy. Supply and demand are said to be the market forces. Demand here means people who have enough money to pay on the goods supplied to the market. So it can be said that companies produces for those that have enough money to pay for their goods that already have a cost and a margin that must be gained.
It is said that the question of "for whom to produce" is answered by the market forces in a free market economy. Supply and demand are said to be the market forces. Demand here means people who have enough money to pay on the goods supplied to the market. So it can be said that companies produces for those that have enough money to pay for their goods that already have a cost and a margin that must be gained.
He said that we the American people are in the drivers seat.
This is not even a question.
sovereignty
sovereignty
have a monopoly of the market
Imperfect monopoly
First of all learn how to talk. Then go ask Your History teacher this question. you should have said "What did the Dred Scott decision do?" It was a slave who thought he was free and they went to court over it and the court said he was a slave and that he was not free.
While most developed nations today could be classified as having mixed economies, they are often said to have market economies because they allow market forces to drive most of their activities, typically engaging in government.