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What factors are responsible for setting prices in a free market system?
Ginazane
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
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∙ 9y ago
JIMMY EDGE22
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Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
What sets prices in a perfect market?
market conditions are responsible for price setting, as thing in perfect market are homogeneous, any different product with special feature would have a high price for it .
Prices in a market economy are based on?
The prices in a market economy are based on supply and demand. In a free price system, these are based on several factors like citizen interactions and observations.
A market in which no one controls the prices is called?
A market in which no one controls the prices is called
Who determines prices in a market economy?
in a market economy.. the prices are decided by demand and supply....or compention
What explains the factor responsible for setting prices in a free market system?
"Supply is relative to demand" explains the factors responsible for setting prices in a free market system.
What factors are responisble for setting prices in a free-market eystem?
Supply relative to demand is primarily responsible for setting prices in a free market system.
Which of the following explains the factors responsible for setting prices in a market free system?
Supply relative to demand.government
What sets prices in a perfect market?
market conditions are responsible for price setting, as thing in perfect market are homogeneous, any different product with special feature would have a high price for it .
What factors should the company consider when setting prices for their products at home and in the new market?
affordabilit, warranty, put aside the greed
A common mistake in pricing is?
setting prices independently of the rest of the market mix
What are the main factors that can change market prices?
Market prices are directly dependent on the two main factors that govern an economy: Supply and Demand. If the supply of a certain item does not meet the current demand, then the price will rise, and vice-versa.
Prices in a market economy are based on?
The prices in a market economy are based on supply and demand. In a free price system, these are based on several factors like citizen interactions and observations.
Who is responsible for the command economy and market economy?
The central administration is usually responsible for the command economy and the market economy. The command economy is usually a centrally planned economy whereby the prices and supply are regulated by the government other than the market forces.
Please tell stock market related project topic?
Effects Of macroeconomic factors on Stock Prices
What is the reason for the drop in cell phone prices?
There are many different factors involved in why cell phone prices drop. Cost of materials, time on market, interest in the product, ect. are some reasons why. A lot of time prices drop because a new model comes out on the market for people to buy.
A market in which no controls the prices is called?
A market in which no one controls the prices is called
