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In a market economy why do firms usually offer a variety of products and types of products for sale?
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∙ 11y ago
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Wiki User
∙ 11y ago
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What will most efficiently provide products?
A market economy with many producers
Which economy would consumers have the most choices of what products to buy?
market economy
What type of economy do developing countries usually have?
mixed market economy
In a pure market exonomy the for whom or distrubution question is largely anawer by who-?
In the pure economy the for whom or distribution question is usually largely answered by the market.
What types of economy's is most likely to develop new and better products?
A Market economy is most likely to develop new and better products.
What economy are the greatest variety of goods available?
Market economy
What type of economy products do Italy have?
Italy's economy is a market economy
What will most efficiently provide products?
A market economy with many producers
Who is responsible for the command economy and market economy?
The central administration is usually responsible for the command economy and the market economy. The command economy is usually a centrally planned economy whereby the prices and supply are regulated by the government other than the market forces.
Which economy would consumers have the most choices of what products to buy?
market economy
Is a market economy the same as a command economy?
No, a command economy is where the central govt. controls everything. A market economy is where the govt. trades, buys, and sells products from different countries.
What type of economy do developing countries usually have?
mixed market economy
What will efficiently provide products?
A market economy with many producers
In a pure market exonomy the for whom or distrubution question is largely anawer by who-?
In the pure economy the for whom or distribution question is usually largely answered by the market.
What motivates Market economys?
Competition within industries motivates a market economy. With more options, consumers will spend money on the products they want, which will help the economy.
Who is involved in the black market?
While this is a market with demand and supply it is an illegal economy usually run by mafia, corrupt military officials, and other criminals. Those usually involved in the purchase of products are other criminals. you can check out what a blackmarket is by going to www.blackmart.biz
What types of economy's is most likely to develop new and better products?
A Market economy is most likely to develop new and better products.
