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What else can I help you with?
How can specialization benefit both buyers and sellers in a free market economy?
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.
How do new businesses benefit from the freedom of a market economy?
Happiness
What is a characteristic of a free market economy?
individual choice
What is a free market economy and how can it benefit the economy?
Individuals in the mixed economy(laissez-faire economy) are free because they are free to choose what they want to do.
What is one of the principles of a free market?
The government must prevent consumers from being coerced.
How can specialization benefit both buyers and sellers in a free market economy?
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.
How do new businesses benefit from the freedom of a market economy?
Happiness
How do new businesses benefit from the freedom of market economy?
Happiness
What kind of benefit do people receive in a market economy in a command economy system?
are the benefits do people
What is a characteristic of a free market economy?
individual choice
What is a free market economy and how can it benefit the economy?
Individuals in the mixed economy(laissez-faire economy) are free because they are free to choose what they want to do.
What is one of the principles of a free market?
The government must prevent consumers from being coerced.
What factors determine the shape of the marginal social benefit curve in a market economy?
The shape of the marginal social benefit curve in a market economy is determined by factors such as consumer preferences, externalities, government regulations, and the availability of substitutes.
What is the goal of all economic decisons in a market economy?
how old are you, 4! you can answer it! uh. no. that's not the answer. its benefit maximazation.
What are the positives and negatives of a market economy?
The benefit of a market economy is that people are free to make their own preferences on what products or services to obtain. The problem is that the costs for the production are not paid by the supplier at all times.
What are the factors for capitalism?
-free market economy and a system based on the principle of individual rights
Capitalism is called a free-market economy because?
That’s what those who benefit from capitalism want you to think. In reality there is no free market, due to state interference in the economy.
