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to protect the public and preserve private enterprises
they serve an important purpose in the economy, the economy needs the entrepreneurs to sell various products, but the entrepreneur needs consumers to buy that particular product
in a market economy.. the prices are decided by demand and supply....or compention
People would consume less of the good and look for substitutes. (study islands)
command economy
to protect the public and preserve private enterprises
they serve an important purpose in the economy, the economy needs the entrepreneurs to sell various products, but the entrepreneur needs consumers to buy that particular product
in a market economy.. the prices are decided by demand and supply....or compention
What purpose does silicone serve in conditioners
People would consume less of the good and look for substitutes. (study islands)
They serve the same purpose as T.V or movies. They are a form of entertainment.
command economy
Serve as preservatives.
the economy
The purpose is the toilet.
what is different about interest rates, or price of credit, from other prices in the economy
Venezuela's oil-based economy illustrates the affects of overspecialization. When oil prices are high, its economy is strong. When oil prices drop, its economy weakens.