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Which of the following are market structures that can exist in a free-market system?
Wiki User
∙ 12y ago
Oligopoly
Pure competition
Monopolistic competition
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Wiki User
∙ 12y ago
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What is An organized system for buying and selling shares in corporations?
The "stock market".
What factors are responisble for setting prices in a free-market eystem?
Supply relative to demand is primarily responsible for setting prices in a free market system.
Why marketing system is important?
Having a marketing system is very important. This is because the organization and innovation help you to meet the needs of the market.
What is marketing information system?
A marketing information system is a system that collects and analyzes market data. It then reports the useful data and distributes it to managers on a regular basis, giving them the correct information when they require it.
What is market based pricing?
Price based market system strictly depends on the laws of demand and supply. No influence by any outside force because market by itself has the force decide. It effectively helps in sorting out the deficit commodity for the needy.
In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?
Profit Motive
What is freemarket system?
It means the the business is privately owned and operated. It is not owned or controlled by the goverment.
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
Which of the following is another term for a free-market system?
CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.
In a freemarket system consumers let producers know what they want to buy and how much theyre willing to pay through what?
Their purchases.
Which of the following best explains what market forces are?
the properties of a free-market system that determine what the outcomes will be
What are possible market structures for an economic system?
oligopoly, monopoly, and pure competitonMonopoly, Pure competition, Oligopoly
Whichof the following is another term for a free-market system?
Capitalism
Which of the following structures is involved in the gas exchange function of the respiratory system?
Trachea, brochi, alveoli,lungs
How do you best describes the relationship between competition and a free-market economy?
The following statement best describes the relationship between competition and a free market system: Competition increases within a free market system.
Why to study perfect competition if it does not exist in the real world?
By studying perfect competition, we can learn how much an ideally functioning market system might accomplish and we can compare it to real world market structures.
Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
