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Q: What is necessary in addition to protection against theft coercio and fraud in order for consumers and producers to have freedom of choice?
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Continue Learning about Economics

Why is the stock market important to today's economy?

The stock market indicates the strength of the economy. For instance, if stock values are high it indicates strength in the economies. In addition, the stock market also helps companies to raise funds necessary to expand their developments!


How much money does the honey industry make a year?

With many small family-owned ( Mom and Pop ) producers, I imagine it would be almost impossible to answer your question with any degree of accuracy. In addition, with the dramatic drop in bee populations in recent years under study in North America, one can readily conclude that overall honey production is decreasing significantly.


Why is increase in national income is necessary but not a sufficient condition for a rise in people's standard of living?

A rise in the national income is not necessarily a condition for the rise in people's standard of living. If the wealth is in the hands of a few, then most people's standard of living does not rise. In addition, if the population greatly increases, their is no rise.


Why does our government let Corporate America import from a communist country like China?

Free market economy is the main driven force. In addition, American consumers demand for low cost merchandises that are not manufactured by high-paying American workers. Trade is a two-way street. China imports airplanes, corn, soybeans, machinery, high tech products which creates more employment opportunities in the U.S.


What math is used in monopoly?

Addition, subtraction, division, and multiplication.

Related questions

What does you call the animals that eat other animals?

Animals that only eat producers are called herbivores. Some herbivores include horses, grasshoppers, rabbits, etc. Animals that eat consumers are carnivores. Some examples of carnivores are lions, hawks, spiders, etc. Animals that eat both consumers and producers are called omnivores. Some examples of omnivores include bears and other animals.


Did Jefferson argue with the necessary addition to the constitution and why?

Yes, Jefferson argued with the necessary addition to the constitution. This is because he felt he had to protect the people from the abuses of power and government.


Do all producers belong to the plant kingdom?

No, producers can belong to different kingdoms depending on the ecosystem. In addition to plants in the plant kingdom, there are also producers like algae in the protist kingdom and certain bacteria in the monera kingdom.


How do plants give animals protection?

Plants give animals protection by providing some form of shelter in addition food and oxygen


What Limitations of the price system?

The price system does have limitations, however. It does not accuratley assign the costs of externalities like pollution. Nor does it accuratley distibute the costs and benefits of public goods like national defense. In addition, the system's occasional instability can make it difficult for producers and consumers to predict prices and plan for the future.


What is the promotional mix?

THE PROMOTIONAL MIX:Consists of the following components:Advertising Examples: Media, Tv, Press and shopping bagsPersonal Selling Examples: the sales forces from both the suppler and retailerSales Promotion Example: Samples and retail store windowsPublicity Examples; unsolicited publicityDirect Marketing (A newer addition) Example: Sales direct from producers to consumers


Is it necessary that every vector has to obey the law of vector addition?

Yes.


What structural feature is necessary in molecules undergoing addition polymerization?

what the hell is this....?


Where can one find reviews on virus protection programs?

One can find reviews on virus protection programs on the official websites of the virus protection program providers. In addition, one can find reviews on blogspots.


What are the advantages of the contraceptive implant?

The advantages of the contraceptive implant are the very best, most reliable pregnancy protection. In addition, the implant doesn't require the patient to do anything to get protection.


What is necessary Condition for addition of Vectors?

All you have to do is place the tip of one on the tail of the other.


How the heart is protected from shocks and injuries?

The heart is protected from shocks an injuries by the sternum and rib cage, its bony protection. In addition, the pericardium and pericardial fluid provide additional protection.