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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!
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∙ 11y ago
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Is the level of competition high or low in traditional economy?
High
Is the level of competition high or low in the mixed economy?
low
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Is the competition high or low in the mixed economy?
no
What is the study of economics called?
in a market economy, a high price is a signal for?
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.
Is the level competition high or low in the command economy?
It is low
Is the level of competition high or low in the mixed economy?
low
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Is the competition high or low in the mixed economy?
no
Describe competition level in India?
Competition level in India not high they just want simple things. They are looking to take care of mergers.
What is the study of economics called?
in a market economy, a high price is a signal for?
How would the Chinese economy be characterized?
china's economy is a centrally planned economy with a high level of government control
What Characteristics of a buoyant economy?
Six characteristics of buoyant economy
What best states the main difference between a monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
What best states the main difference between monopoly and pure competition?
A monopoly involves no competition at all while pure competition involves a high level of competition.
