A market is any space (including cyberspace) where exchanges of goods and services are made voluntarily by individuals, either through direct trade or the use of some form of currency. Markets have existed in rudimentary forms for centuries. More complex markets may require legal systems, clearly defined property rights, contracts, and oversight to work. In some ways, markets are empowering to individuals, because all choices are freely made by all of the participants, so markets are seen as mutually beneficial and enabling parties to interact without the use of force. Markets are seen as efficient ways to distribute goods and services, and to set prices within an economy. Some problems with markets include imbalances in power relationships that can result in one-sided outcomes, and poverty that bars individuals who cannot afford needed items from participating in the markets for those goods.
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a hot one
Whether inequality exist
it uses criteria other than price and is the basis of central planning
Poverty exists in a free market economy because people can choose how to make their money.
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The BCG analysis emphasizes two main criteria in evaluating the firm's product mix: the market growth rate and the product's relative market share. BCG uses these two criteria because they are closely related to profitability.
no
No.
Private Property Rights
No.
Substantiality- Identifiability and measurability-Accessible- Responsive-
eggs butter and milk eggs butter and milk
Oligopoly, Pure competition, Monopolistic competition
The Flea Market doesn't exist in the first Animal Crossing.
Perpetual Motion Machine.
It explains that prayers to a god are not always answered, not that a god does not exist. However, if the god in question meets some criteria that would allow an expectation for all prayers to be answered, it does not exist.