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In a mixed market economic system who determines what products should be produced and how they should be produced?
In general the mixed economy is characterized by the private ownership of the means of production, the dominance of markets for economic coordination, with profit-seeking enterprise and the accumulation of capital remaining the fundamental driving force behind economic activity.
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Mixed-market economic system who determines what products should be produced and how they should be produced?
Producers. A+
In a mixed-market economic system who determines what products should be produced and how they should be produced?
In a command economy, also known as a planned economy, the government largely determines what is produced and in what amounts. In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.
What is the difference between free products and economic products?
Free products are naturally occurring resources that are available without cost, such as air and sunlight, and are not subject to market forces. In contrast, economic products are goods and services that are produced through human effort and resources, and they have a price because they involve a cost of production. Economic products are typically scarce and require allocation through market mechanisms, while free products are abundant and freely available to all.
What is an example of market as an allocation mechanism?
The market determines which products are available where. If one area is not interested in a product, it will not do well to sell it there.
Is the point where all products produced will be sold?
Market Equilibrium
Mixed-market economic system who determines what products should be produced and how they should be produced?
Producers. A+
In a mixed-market economic system who determines what products should be produced and how they should be produced?
In a command economy, also known as a planned economy, the government largely determines what is produced and in what amounts. In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.
Who determines what products should be produced and how they should be produced In a mixed-market economic system?
In general the mixed economy is characterized by the private ownership of the means of production, the dominance of markets for economic coordination, with profit-seeking enterprise and the accumulation of capital remaining the fundamental driving force behind economic activity.
What is market driven?
Market driven means the market determines the price. In perfect competitions, the market determines the price of products, not the business.
Who determines what goods are produced in a market economy?
The Market(consumers... through their decisions) does it.
Is the point where all products produced will be sold?
Market Equilibrium
What is the point where all products produced will be sold?
Market equilibrium
What is an example of market as an allocation mechanism?
The market determines which products are available where. If one area is not interested in a product, it will not do well to sell it there.
What economic challenges does Brazil face?
Brazilian economic strategy must be to seek new international partners such as investors and importers for our products. But it is important to emphasize that the Brazilian production is traded within our market. That is, for every $ 100 produced, 85% are domestic, 15%, on the outside. This shows the importance of our market
What economic challenges face brazillians?
Brazilian economic strategy must be to seek new international partners such as investors and importers for our products. But it is important to emphasize that the Brazilian production is traded within our market. That is, for every $ 100 produced, 85% are domestic, 15%, on the outside. This shows the importance of our market.
What are products produced in response to a real market?
Poliice Force:) [NovaNet]
What economic system valued colonies as sources of raw materials and a market and a market for excess products?
Mercantilism
