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What else can I help you with?
What is the role of supply and demand in pure market capitalism?
Supply and demand both dictate the price of the goods sold in capitalism
Did the price revolution cause increased global capitalism and inflation?
yes
What does E.K. Hunt argue are the features of capitalism?
free trade and price changing according to supply and demand
How is the price of goods decided in the U.S. economic system?
By the "market".
What happened to the price of oil when opec decided to limit production?
It increased.
Is it against the law to buy something just so you can sell it at a higher price?
No, that's what capitalism and free enterprise are based on.
What is Statutory minimum price which is decided by government?
government want to statutory control over price of some specific commodity
What is competitive capitalism?
Competitive capitalism is where profit is accepted as a good motive for working and businesses often will set up against each other in some ways to do the best they can. It ensures that the user or consumer has good products at a good price.
What president decided that the price for inactivity in World War 1 was going to be greater than the price to pay for entering war?
Woodrow wilson
Who decides the price for the initial public offering of a company?
underwriter decided the price of share going to issure to public for the first time Aurangzeb)
How can a consumer can attain equilibrium through ic curve?
consumer attains equilibrium if the price of good by seller is same as price decided by buyer.
How is currency exchange rate decided?
The currency exchange rate is decided by the supply and demands of the market. The price goes up when the demands is greater than the supply.
