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

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9y ago

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What best explains what market forces are?

The properties of a free-market system that determine what the outcomes will be. (apex)


Which of following best explains what happens in the currency exchange market?

Money is bought and sold using other types of money


Which of the following best explains one of the restrictions on producers that kkeeps the labor market from being a completely free market?

Workers don't always have the education required to perform certain jobs.


Which of the following best explains why property rights are necessary in a free-market system?

Property rights allow consumers and producers to make free choices


Which of the following best explains why the circular flow model characterizes the free-market system?

Consumers and producers influence each other in a circular fashion.


Who of the following best explains how a free-market system has a circular flow of influences?

Consumer decisions affect producers, and producer decisions affect consumers


Which of the following best explains why CO2 gas is easily compressible but solid CO2 (dry ice) is incompressible?

The intermolecular forces are stronger in solids.


Which of the following statements best explains why producers conduct market reaserch?

knowing what consumers want helps producers make more money. Good Luck!!


Which of the following best explains why the level of wages in the US doesn't follow pure free market principles?

government regulation require employers to pay a minimum wage


Which of the following explains best explains external jihad?

A struggles for the defense of Islam


Which of the following best explains why the game of economics does not have a signal goal?

Evaluation


What statements best explains the purpose of market research?

Market research helps producers earn more profits ~

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