answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What of the following does not apply to a market system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which of the following is another term for a free-market system?

CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.


Which of the following best explains what market forces are?

the properties of a free-market system that determine what the outcomes will be


Whichof the following is another term for a free-market system?

Capitalism


Which of the following are market structures that can exist in a free-market system?

OligopolyPure competitionMonopolistic competitionapex♥ lluvyanna.NO. I LOVE YANNA.


How do you best describes the relationship between competition and a free-market economy?

The following statement best describes the relationship between competition and a free market system: Competition increases within 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


In a free market system the profit motive motivates producers to do which of the following?

minimize costs and maximize revenues


Which of the following is a negative features of a free market system?

It's unequal; some people do well while others do not.


What five countries use free market economy system?

There are several countries that use a free market economy system. The following list contains five of these countries, Brazil, Peru, India, the United Kingdom, and Kenya.


Does Germany have a market or mixed economic system?

it has an market system for Germany it has an market system for Germany


What is another name for Capitalistic Economy?

The wages-prices-profits system.


Which of the following is a goal of the leaders of most economic systems?

The most basic economic institution in market economies is the system of markets.