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Is the level of competition high or low in the mixed economy?
low
Is the competition high or low in the mixed economy?
no
Is the level competition high or low in the command economy?
It is low
Is the level of competition high or low in traditional economy?
High
Is the level of competition high or low in the economy?
It is high because everyone in the economy is trying to make money.
What Is the level of competition high or low in a mixed economy?
A 'command economy' is also known as a central economy where all supply of goods and services is controlled by the government. Most of the assets are owned by the state and the state tries to forecast demand for all goods and services and then allocates available resources to meet this demand. The whole idea of the command economy is that there should be no competition which creates inequalities amongst the people and then you have to have businesses which is driven by the profit motive (which is considered immoral compared to the high ideals of communist/socialist regimes).
Why inflation at very high level and very low level is harmful for economy?
Inflation at a very low level will be harmful for the economy because when the low infaltion will prevail in the economy purcahsing power of the people will get high and they will demand for more goods increase in demand will leads to increase in production in the short run it will be profitable but in the long run it will be harmful for the economy because in the lon run factors of production will be repletion and will lead to lower production and leads to economic crised. in the long run factors of production decides the price of the products not the demand of the products.
Is a cirrostratus a high level low level or medium level?
high
What is the effect of high dependency ratio?
(A)inadequate manpower in the economy(b)low level of production(c)low per capital income(d)increase in government expenditure
Is cumulus low-level medium-level or high-level?
It is a low-level cloud type.
Why do seamen consider high and low tides in their journey?
They consider high and low tides in their journey because if it is high tide the water level will be high but if it is low tides the water level is low.
Difference between low levels of living and low per capita incomes?
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
