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it offers a wide variety of goods and services
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoConsumer sovereignity-they are free to choose and therd would be a wide range of quality products supplied to them
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What is one of the important advantage of a free market?
Unrestricted competition
What is an important advantage of a free-market?
it offers a wide variety of goods and services
What is the advantage and disadvantage of market free?
advantage is its fpree. Disadvantage is that its not fpree.
Which of these is most important in a free-market system?
The laws of supply and demand are the most important factors in a free-market system.
What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?
What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?
What is one of the important advantage of a free market?
Unrestricted competition
What is an important advantage of a free-market?
it offers a wide variety of goods and services
What is the advantage and disadvantage of market free?
advantage is its fpree. Disadvantage is that its not fpree.
Which of these is most important in a free-market system?
The laws of supply and demand are the most important factors in a free-market system.
What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?
What reservations would you have in developing computerized applications to gain a competitive advantage in an important market for your company?
What is an important advantage of free marketing?
it offers a wide variety of goods and services
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
Is price an advantage in the market?
Having a lower price is an advantage in the market because it increases demand.
Why is a free market a type of market failure?
In a free market, there is profit to be made by making the free market not a free market. Therefore, a completely free market destroys itself.
Why is the price system so important to a free market economy?
The price system is so important to the free market economy because the price system allows a company to compete within the market by setting a price that is fair for consumers and the provider. A fixed price system causes the market to fail if prices of supplies rise.
Why is target market important?
Target market is important in that it will help in making critical decisions in manufacturing and packaging of products. With a target market, a company is able to take maximum advantage and make profits.
Explain why a niche company might have an advantage in a market Would price necessarily be an advantage Explain why or why not?
Explain why a niche company might have an advantage in a market would price necessarily be an advantage explain why or why not
