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What influences a market economy?
supply and demand competition no government interaction idk if these are right????
What is a true market economy?
Supply and demand influences the economic decisions of businesses and individuals.
How does the concept of supply and demand influence pricing in the market?
The concept of supply and demand influences pricing in the market by determining the equilibrium price at which the quantity of goods or services supplied equals the quantity demanded. When demand exceeds supply, prices tend to rise, and when supply exceeds demand, prices tend to fall. This dynamic interaction between supply and demand helps establish market prices.
What are the influences of supply?
Things that cause changes in supply are also called influences of supply. Some of these influences on supply are: cost of inputs, productivity, technology, taxes, subsidises, government regulation, numbers of sellers, war, and other political conflict.
What influences supply?
Supply is influenced by how much people buy.
What influences a market economy?
supply and demand competition no government interaction idk if these are right????
What is a true market economy?
Supply and demand influences the economic decisions of businesses and individuals.
How does the concept of supply and demand influence pricing in the market?
The concept of supply and demand influences pricing in the market by determining the equilibrium price at which the quantity of goods or services supplied equals the quantity demanded. When demand exceeds supply, prices tend to rise, and when supply exceeds demand, prices tend to fall. This dynamic interaction between supply and demand helps establish market prices.
What are the influences of supply?
Things that cause changes in supply are also called influences of supply. Some of these influences on supply are: cost of inputs, productivity, technology, taxes, subsidises, government regulation, numbers of sellers, war, and other political conflict.
What influences supply?
Supply is influenced by how much people buy.
How do you determine the value of cryptocurrency in the market?
The value of cryptocurrency in the market is determined by factors such as supply and demand, market sentiment, adoption rates, regulatory developments, and overall market conditions. Traders and investors analyze these factors to make informed decisions on buying and selling cryptocurrencies, which ultimately influences their market value.
HOW EXCESS SUPPLY IN THE MARKET FOR BANANAS?
excess supply in the market for bananas
An improvement in technology is a factor that influences?
supply
What is the difference between individual supply of labour curve and market supply of labour curve?
The individual supply of labor curve represents the relationship between the wage rate and the quantity of labor an individual is willing to supply, reflecting personal preferences and constraints. In contrast, the market supply of labor curve aggregates the individual supply curves of all workers in the market, illustrating the total quantity of labor supplied at various wage rates. While the individual curve is based on personal factors like skill level and circumstances, the market curve reflects broader trends and influences, including overall demand for labor and economic conditions.
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
How is a market supply curve similar to and different from an individual supply curve?
how is a market supply curve similar to and diffrent from an individual supply curve
How do a supply curve and a market supply curve differ?
A supply curve is a graph showing each and every price in that market, where as a Market supply curve shows the prices by all firms that offer the product for sale in a given market.
