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How can price be determined in a free market economy?

Price in a free market economy is determined by the interaction of supply and demand. When demand for a product exceeds supply, prices tend to rise. Conversely, when supply exceeds demand, prices tend to fall. This price mechanism helps allocate resources efficiently based on consumer preferences and production costs.


Where do most countries fall on the economic continuum?

Countries will fall on a market economic continuum. So it is a market


How do prices transmit information?

Prices in a market economy convey information about supply and demand conditions. When a product becomes scarcer, its price tends to rise, signaling to producers to increase production. Conversely, when a product becomes abundant, its price tends to fall, signaling to producers to reduce production. In this way, prices serve as a mechanism for allocating resources efficiently in an economy.


What is the name for the sudden fall in prices especially on the stock market?

Market Crash


What is market fluctuation?

Market fluctuation is the rise or fall in price of a security or the market in a short-period of time.


Which came first the stock market or the great depression?

The Stock Market, as the fall of the market caused the Great Depression


Does Aussie shampoo makes your hair fall out?

there is not a shampoo on the market that will make your hair fall out.


How many feet does a person fall from to consider it a significant mechanism of injury?

Falls 20 ft and above is a significant mechanism of injury for adults, and falls from 10 ft and above is considered a significant mechanism of injury for children.


Do leopard geckos' tails fall off easily?

Yes, leopard geckos' tails can fall off easily as a defense mechanism called autotomy.


Why does the stock market fall?

cause santa died


Why stock market fall in Bangladesh?

Bangladesh share market fall for many reasons. Few reasons are: 1. Illiteracy about Share Market, 2. Political causes, 3. Market correction. If anyone want to know only one point then I'll say it is for illiteracy about stock market.


What kind of resources would copper fall under?

mineral