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Who determines what will be produced in a free enterprise economy?
Initially the producers themselves, eventually the "laws of supply and demand" should weed out those products that are not wanted and those that are in demand will be made, unwanted or un-economic products will cease to be produced. This does not happen in the real world as there is no free enteprise on Earth (all economies are governed and controlled by some forces, be they legislature, outside interventions - treaties, trade agreements, invasive powers, copyrights, patents, etc.)
How Excess demand and excess supply eliminated by market forces?
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
What are two common market forces?
Two common market forces are supply and demand.
What two forces regulate the free market economy?
Basically, the two forces are supply and demand.
What forces that make market economies work are?
supply and demand
If body A and body B are both within a system can forces between them affect the acceleration of the system?
No. Only outside forces can do that.
What factor is used to describe and forces outside marketing that affect marketing management?
A company's marketing environment.
What is component of external envirnoment?
External environments are those forces and factors outside of an organization that affect the organization's overall performance.The organization's outside factors consists of:CompetitorsSuppliersCustomersPublic Pressure GroupsOutside forces consist of:DemographicsEconomicGlobalPolitical/LegalSocioculturalTechnological
Who determines what will be produced in a free enterprise economy?
Initially the producers themselves, eventually the "laws of supply and demand" should weed out those products that are not wanted and those that are in demand will be made, unwanted or un-economic products will cease to be produced. This does not happen in the real world as there is no free enteprise on Earth (all economies are governed and controlled by some forces, be they legislature, outside interventions - treaties, trade agreements, invasive powers, copyrights, patents, etc.)
How Excess demand and excess supply eliminated by market forces?
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
How do unbalanced forces affect forces?
Forces don't affect forces. FORCES act on OBJECTS.If there is an unbalanced force, that means that the sum of all forces acting on an object is not zero.
Can a body be accelarated by outside forces?
Yes. In fact, a body can ONLY be accelerated by outside forces.
What forces will affect your tower?
The forces of evil.
What are two common market forces?
Two common market forces are supply and demand.
What are some forces that affect trading in global markets?
the forces that affect trading in global markets are sociocultural forces, economic and financial forces, legal and regulatory forces, and physical and environmental forces.
Can you able to see all of the forces that affect an object?
no,we can not see all the forces that affect an object.
What two forces regulate the free market economy?
Basically, the two forces are supply and demand.
