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Market economies usually avoid terrible shortages by ensuring a steady flow of income into their normal budget and also maintaing their spending and advertisement habits.
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Command economies as in the former Soviet Union often have terrible shortages of common consumer goods like bathroom tissue How do market economies usually avoid such terrible shortages?
In market economies consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy.
Why are command economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are commanded economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
Command economies as in the former Soviet Union often have terrible shortages of common consumer goods like bathroom tissue How do market economies usually avoid such terrible shortages?
In market economies consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy.
How do market economies usually avoid terrible shortages?
Market economies usually avoid terrible shortages by ensuring a steady flow of income into their normal budget and also maintaing their spending and advertisement habits.
How do economies usually avoid such such terrible shortages?
Market economies usually avoid terrible shortages by ensuring a steady flow of income into their normal budget and also maintaing their spending and advertisement habits.
Why are command economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are commanded economies usually less efficient than market economies?
The competition in market economies encourages both quality and low prices.
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Equilibrium and economies scale in market economy?
Equilibrium and economies scale in market economy
What is meant by transition economies?
The economies which are converting from social market system to capital market system
Why are command economies usuall less efficient than market economies?
The competition in market economies encourages both quality and low prices.
What is the difference between a mixed economy and a market economy?
A mixed economy is a combination of communist, market and traditional economies. A market economy basically has free reign over the production and distribution of goods and services.
Why market economies are becoming popular around the world?
market economies are found in democratic forms of government
What is the outline of the benefits of free market economies to owners of firms?
what does the free market economies benefits to owners
