0
no
What else can I help you with?
Is the level of competition high or low in the mixed economy?
low
Is the level of competition high or low in traditional economy?
High
List 3 advantages of the mixed economy?
There is a variety of goods and sevices that the consumer could choose from. There normally is not monopoly. Competition keeps the prices low.
What Is the level of competition high or low in a mixed economy?
A 'command economy' is also known as a central economy where all supply of goods and services is controlled by the government. Most of the assets are owned by the state and the state tries to forecast demand for all goods and services and then allocates available resources to meet this demand. The whole idea of the command economy is that there should be no competition which creates inequalities amongst the people and then you have to have businesses which is driven by the profit motive (which is considered immoral compared to the high ideals of communist/socialist regimes).
Is the level of competition high or low in the market economy?
It would be high cause everyone is "at war" with any and every business, thus competition would be very hard at work and their going for money and profits. This is my first answer on this website so no harshness please!
Is the level of competition high or low in the mixed economy?
low
Is the level competition high or low in the command economy?
It is low
Is the level of competition high or low in traditional economy?
High
Is the level of competition high or low in the economy?
It is high because everyone in the economy is trying to make money.
Pros and cons of mixed economy?
The major merit of a mixed economy is that the public is protected because the government is in charge of public services, and prices are low because of competition in the private sector. A major demerit is that taxes may prohibitively high in order to support government programs.
List 3 advantages of the mixed economy?
There is a variety of goods and sevices that the consumer could choose from. There normally is not monopoly. Competition keeps the prices low.
What Is the level of competition high or low in a mixed economy?
A 'command economy' is also known as a central economy where all supply of goods and services is controlled by the government. Most of the assets are owned by the state and the state tries to forecast demand for all goods and services and then allocates available resources to meet this demand. The whole idea of the command economy is that there should be no competition which creates inequalities amongst the people and then you have to have businesses which is driven by the profit motive (which is considered immoral compared to the high ideals of communist/socialist regimes).
Is the level of competition high or low in the market economy?
It would be high cause everyone is "at war" with any and every business, thus competition would be very hard at work and their going for money and profits. This is my first answer on this website so no harshness please!
Advantage of mixed economy?
Advantages include: State provides the essential services, Competition keeps prices low, Consumer choice and Inefficient business behavior controlled. A mixed comprises of Some private businesses, driven by profit. Some controlled by government.
Is there a high or low demand for a graphic designer?
Low. Low Demand + High Competition + Low Salary = Do something else in life.
What changes results in economic growth?
depending on what system you are examining, the answer varies. for a capitalistic (us) economy, scarcity and independent markets drive the economy. supply and demand. the ability to independently set prices keeps the market moving with competition. adam smith.
What is a mixed tide?
2 high tides and 2 low tides in one day. All of them have different heights (Ex. One high high tide, then one high low tide, then a low high tide, then a low low tide.
