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What special feature of a free enterprise system helps keep the prices of goods and services down?
Wiki User
∙ 11y ago
Supply and Demand
Loyal Mayert
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What is special feature of a free-enterprise system helps keep the prices of goods and services down?
Supply and Demand
What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
How are prices established in a free enterprise system?
by the interaction of supply and demand
How is a communist economic system different from a enterprise system?
A communist economic system is related to a whole country, while an enterprise system is restricted to that enterprise and it isn't a communist system because all employees can drive their own lives.
What sets prices in a perfect market?
market conditions are responsible for price setting, as thing in perfect market are homogeneous, any different product with special feature would have a high price for it .
What is special feature of a free-enterprise system helps keep the prices of goods and services down?
Supply and Demand
How do I get a pick up truck and what do I need?
You should try looking at Enterprise, they have a large selection of different types of trucks and are not terrible prices. And you do not need a special permit to drive a pickup.
Are the prices of HVAC services realiable to the customers?
The HVAC services includes ventilation, heating and air conditioning services. The prices of the services depends from where we are getting the services. Recently I Got services from airdexinc.com where I found the prices were reasonable.
What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
Vacation time, what car rental is offering good deals for August 2012?
Enterprise car rental services in Miami(FL) offer a large selection of automobiles at year-round low prices. Discounts are available for qualified customers, but the prices are competitive regardless.
How are prices established in a free enterprise system?
by the interaction of supply and demand
Can massage therapists charge different prices?
Sure. That is fine if they are working for themselves, they can set their own prices. They can also charge different prices for different services or types of massage. The best advise is to charge the same, or close to the same, as other therapists in that area, but they are free to charge what they want. They are part of the free enterprise system.
How is a communist economic system different from a enterprise system?
A communist economic system is related to a whole country, while an enterprise system is restricted to that enterprise and it isn't a communist system because all employees can drive their own lives.
What sets prices in a perfect market?
market conditions are responsible for price setting, as thing in perfect market are homogeneous, any different product with special feature would have a high price for it .
What is the main form of communication between producers and consumers in a free enterprise market?
Prices
In a free enterprise system how does competition among businesses benefit consumers?
by lowering prices
What is the main form of communication between producers and consumers in a free-enterprise market?
Prices
