Want this question answered?
by the interaction of buyers and sellers in a marketplace.
A Free Market is where buyers and sellers determine what goods or produced.
agreement on the price and quantity traded
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
by the interaction of buyers and sellers in a marketplace.
market economy
A Free Market is where buyers and sellers determine what goods or produced.
agreement on the price and quantity traded
agreement on the price and quantity traded
The burden of tax is divided between buyers and sellers by the forces of supply and demand.
In a free market economy, specialization benefits buyers by meeting individual needs. Specialization benefit sellers by creating a sector that is not profitable for big business.
oiii
it is being determined that, in a market economy, if buyers and sellers meet it will do effect in prices. for example: if the number of buyers increases the price also increases. so sellers will produce more goods and services. in the same manner, if the number of buyers will declined the price will go down so sellers now will produce in constant.
the economy will automatically adjust to the needs of buyers and sellers.
the economy will automatically adjust to the needs of buyers and sellers.
the economy will automatically adjust to the needs of buyers and sellers