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A Free Market is where buyers and sellers determine what goods or produced.
The act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange then before it occurred.
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
oiii
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
market economy
A Free Market is where buyers and sellers determine what goods or produced.
The act of buyers and sellers freely and willingly engaging in market transactions. Moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange then before it occurred.
The burden of tax is divided between buyers and sellers by the forces of supply and demand.
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
One of the oldest application of technology to business transactions is electronic data interchange (EDI), computer-to-computer exchanges of invoices, purchase orders, prices quotations and other sales information between buyers and sellers.
variable costs the right answer is ....voluntary exchange
oiii
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
by the interaction of buyers and sellers in a marketplace.
the economy will automatically adjust to the needs of buyers and sellers.
the economy will automatically adjust to the needs of buyers and sellers.