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Q: What problem is price is seeking to solve in the speech?
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Did kings dream solve the problem outline at the beginning of the speech?

no


How do government solve the problem scarcity?

Reduce price


How does the price mechanism solve the problem of what to produce of a free enterprise economy?

The forces of demand and supply regulated by price helps producers and resource owners solve the problem of what to produce


Can a simple answer solve the complicate problem of oil price?

yeah


How do you solve a problem with sales price?

By exactly knowing the cost price-- then sales price can be adjustable depending on the external circumstances


Discuss whether the price mechanism is an effective way to solve the basic economic problem?

Price mechanism is an effective way to solve the basic economic problem. The price of a product is what will determine the demand and this will influence the production output which directly affects the economy.


What part of speech is a problem?

The school considers him to be a problem student. (Here, problem is an adjective describing student.) Do you know how to solve the third math problem? (problem = a noun)


How do you solve a commission problem where you need to find the original price?

Commission = percent x original price / 100 so original price = commission x 100 / percent


The goal of applied science is?

It is to use science for a practical job or to solve a problem.


What is the part of speech of the word solve?

Solve is a verb


Explain whether the introduction of maximum prices by a government would solve the problem of scarcity?

The term "maximum price" refers to the highest price that one is allowed to charge for selling a product, or a service. Introducing a maximum price helps to solve the problem of scarcity by allowing more people the ability to purchase something that may be previously been out of their means.


What is the difference between solving a problem and analyzing a problem?

When you analyze a problem you look it over which is what analyzing means. You look over the problem and then you solve it. When you solve a problem you solve it and you use certain steps and solve it but of course everyone has there ways to solve a problem but some people have ways to solve it by just analysing it. That is the difference.