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they are bought and sold by the people (gradpt)

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Vicenta Nienow

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2y ago

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Related Questions

How are goods services distributed in a free market system?

they are bought and sold by the people (gradpt)


How are goods and services distributed in a free-market system?

they are bought and sold by the people (gradpt)


A situation in which goods are not fairly distributed?

Market Failure


What is a situation in which goods are not fairly distributed?

Market Failure


How are good resources distributed in a free market economy?

In a free market economy, goods and resources are distributed by property and supply/demand.


What is a situation in which goods are not fairly distributed called?

Market failure


What cause market failure?

Market failure occurs when goods are not fairly distributed.


Who are goods and services distributed in a free market system?

In a free market system, goods and services are distributed through voluntary exchanges between buyers and sellers. Prices are determined by supply and demand, which helps allocate resources efficiently. Producers respond to consumer preferences and market signals, leading to a diverse array of products available to meet various needs. Ultimately, competition encourages innovation and quality, benefiting consumers.


How are goods and services distributed in free market?

they are bought and sold by the people (gradpt)


How are goods and services distributed in market economy?

To consumers based on the basis of their ability and willingness to pay the existing market price


What is a goods market and a factor market?

Markets used to exchange final good or service.


How can goods be distributed?

Goods can be distributed in a myriad of ways. For example, goods can be distributed straight from the manufacturer, from a 3rd party, or even from an online retailer.