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Which is most likely the result of healthy competition in the market?
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How does an individual benefit from a market economy?
With a market economy, individual can get lower price and much more choice which is a direct result of competition.
Which condition is a result of open competition in a free market system?
Higher quality goods
How do you define market and explain how markets are classified?
Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place. Types of markets 1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market. 2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market. 3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly
What is the result of inadequate competition?
What happens to the market is that without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
What is the result of competition between sellers?
Lower prices.
Which of these is likely to result in the most competition?
The list of choices posted along with the question doesn't include anything that's likely to result in any competition at all.
Scarcity of resource and a growing population are most likely to result in?
Competition
How does an individual benefit from a market economy?
With a market economy, individual can get lower price and much more choice which is a direct result of competition.
The lowest rate of gas exchange is most likely the result of?
Competition with other species
Which condition is a result of open competition in a free market system?
Higher quality goods
What will most likely be the result of this interspecific competition?
there will be a reduction in the population size of one or both species..
How do you define market and explain how markets are classified?
Market in Economics is the result of contanct between the buyers and sellers, as a result of which one product of a given quantity and trade mark is brought and sold at one place. Types of markets 1.on the basis of place or area , market is classified into three types: i)local market, ii) national market and iii)international market. 2.on the the basis of time market is classified into four types: i)market period, ii)short period, iii)long period and iv)secular market. 3.on the basis of degree of competition market is classified into three types: i) Perfect competition ii) Imperfect competition and iii) Monopoly
What are some effects that can result from living a healthy lifestyle?
You have a lot of energy, you can have a better memory, you are less likely to be injured, and you are less likely to get certain diseases.
True or false increased competition in the marketplace tends to result in lower prices and better products for consumers?
True - When there is no competition in a marketplace (a monopoly), this company can control that entire market and raise the price as much as they want. When multiple companies are competing for the market, they need to stay below the competitors prices to sell product.
How is market failure cause environmental degradation?
It is when the private marginal benefits or costs are not equal to social marginal benefits cost. Therefore, result could be likely market failure.
What is the result of inadequate competition?
What happens to the market is that without competition the price of the product will be increased, which means the consumers will need more money for the needed product, as according to the 'law of demand' when the price of a product increases rapidly the country will suffer from the deflation.
Development of adaptations as a result of symbiotic relationships?
Competition
