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Who controls the prices of the goods and the services in the economics system of the communism?
The government decides where to invest resources.
What has the author Augustus Baker written?
Augustus Baker has written: 'The control of prices' -- subject(s): Economics, Prices
Who controls the the prices of goods and services in the economic systems of communism?
The government decides where to invest resources.
Who controls the prices of goods and services in the economic system communism?
The government decides where to invest resources.
What is the meaning of supply?
of Supply
What is Mirco Economics?
Micro economics is a branch of economics. It is a study of individual person, household, firm or industry. It involves determination of prices, quantity demanded and supplied, prices and output, etc.
What is the best way to describe a free market in economics?
A free market in economics is a system where prices are determined by supply and demand, with minimal government intervention. Participants are free to buy, sell, and produce goods and services based on their own choices and preferences.
What controls the price of goods and services in the economic system of communism?
Economic activities in the communist system is controled by the public in the sense that the government tries to control all economic activities by setting up different organizations and sectors in order to provide social-economic demands to the public or citizen.
What services does the money control website provide?
The Money Control website claims to be India's number one Financial Portal. The website provides such services as investment guides, property information and stocks and shares prices.
Difference between micro and macro econimics?
Macro economics is the study of the sum total of economic activity, dealing with the issues of growth, inflation and unemployment and with national economic policies relating to these issues. while micro economics is the study of the individual parts of the economy, the household and the firm, how prices are determined and how prices determine the production, distribution and use of goods and services. micro economics deals with individual parts of the economy while macro economics is the study of the aggregate behaviour of the whole economy
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 the economic goals of government?
To do away with economics by having no money or prices or buying and selling.
