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consumer-nova net lance killmer
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Many sellers of goods is an example of what sovereignty?
producer -->jbg<---
Many sellers of goods is an example of what type of sovereignty?
producer
Many sellers of goods is an example of what?
consumer.
Many sellers of goods is an example of?
producer
An economy in which the buyers and sellers determaine what goods are produced is called?
A Free Market is where buyers and sellers determine what goods or produced.
Why is consumer sovereignty considered an advantage?
Consumer sovereignty is an advantage because it is the consumers who determine the services and goods produced.
The informal sector of the economy includes?
unlicensed sellers of homemade goods
What does the informal sector of the economy include?
unlicensed sellers of homemade goods
What fundamental question relates most directly to consumer sovereignty?
who will get the goods and services
What is the freely chosen activity between buyers and sellers of goods?
Free trade?
How are prices determined in a market economy?
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
What is a transversal term contract?
A transversal term contract is a contract that allows multiple sellers to provide goods at fixed prices. The contract allows buyers to purchase goods from sellers for a certain amount of time at the prices set forth in the contract.
