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Why do firms produce goods and services in a market economy?
G
What are Examples of independent goods?
a person's demand of nails is independent of his ore her demand for bread... :D i think so this example is best you will not get it anywhere else.
What is the exchange of goods and services without the use of money?
That is the economic practice of "bartering". Trading goods or services you have for the goods or services someone else has.
What is a non-rivalrous good?
A rivalrous good is something that cannot be consumed/used by more than one consumer. Take food for instance, though you may share the food with someone else, the mouthful that you take can only be eaten by you and not anyone else. Non rivalrous goods are the opposite to this. They are goods that can be used by more than one person at any time without taking away from any one persons consumption/use and there is zero extra cost for additional users. For example, a park could be used by one person. Should additional people use the park, it will not impact use of the park by the the first person who turned up, that is assuming no-one is vandalising the park in any way.
What is perfect monopoly?
A perfect monopoly is where a company that makes goods and services has absolutely no competition from anyone else. For example, Coca Cola is already on its way to a perfect monopoly although companies like Pepsi are still competeing.
Can a deaf person read?
as well as anyone else
Why did Americans in the early 1800s produce everything they needed themselvs?
It was too difficult to travel to get goods somewhere else
How does Japan get money?
They work for money just like everyone else. Specifically, they produce many cars and technology goods.
What do you do when someone else loves you?
Loving a person is not a crime in law. You can love anyone and depends how that person is.
Has anyone ever put a person's brain into someone else's body?
Yes, if that person is dead and they give a brain to some one else they are a donar.
Does anyone here have Meowth Jigglypuff and Raichu as their favourite Pokemon?
I do, but I'm the same person! X3! Anyone else?!
Does anyone else wear their dads underwear?
1 person who does is Justin beiber
Why do firms produce goods and services in a market economy?
G
What do you call a person who doesn't want something he has but won't let anyone else have it?
Such a person is called a dog in a manger.
How do you feed a person with mental illness?
Just like anyone else just be sensitive to the needs of the person, and realize that a rounded diet is important for anyone with mental illness or not.
Does anyone else HATE homework?
Yes, every stupid person hates homework.
Does a robotics engineer travel?
Yes. He or she is a person, like anyone else and so can travel.
