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Who decides on the prices of goods and services in china?
Ryan radebe
What are the role of prices in a market and include distribution producers and consumers?
Prices play a crucial role in a market by serving as signals for both producers and consumers. For producers, prices indicate the level of demand for their goods and services, guiding them in resource allocation and production decisions. For consumers, prices reflect the cost of goods, helping them make informed choices about their purchases. Ultimately, prices facilitate the distribution of resources by balancing supply and demand, ensuring that goods reach those who value them most.
Which forces play the greatest role in determining the distribution of goods and services in a free market economy?
In a free market economy, the primary forces that determine the distribution of goods and services are supply and demand. Supply refers to the quantity of goods and services that producers are willing to offer at various prices, while demand reflects consumers' willingness to purchase those goods and services. Prices serve as signals to both producers and consumers, guiding production decisions and consumption patterns. Additionally, competition among businesses helps to ensure efficiency and innovation in meeting consumer needs.
Why are most people concerned about the distribution than the of goods and services?
Most people are concerned about the distribution of goods and services because it directly impacts accessibility, equity, and overall quality of life. Inequitable distribution can lead to social disparities, where some individuals or communities lack essential resources while others have an abundance. Additionally, effective distribution systems influence economic stability and can affect prices, availability, and consumer satisfaction. Consequently, individuals are more likely to focus on how resources are shared rather than the mere production of those goods and services.
What large trusts like standard oil and swift and armour justified their economic domination of their industries by claming that?
B) only large-scale methods of production and distribution could provide superior products at low prices. :)
Who decides on the prices of goods and services in china?
Ryan radebe
Who controls the prices of goods and services in the economic system communism?
The government decides where to invest resources.
Who controls the the prices of goods and services in the economic systems of communism?
The government decides where to invest resources.
Who controls the prices of the goods and the services in the economics system of the communism?
The government decides where to invest resources.
Who decides gas prices at the pump?
OPEC.
Who decides the petroleum prices in India?
government of india
Are the prices of HVAC services realiable to the customers?
The HVAC services includes ventilation, heating and air conditioning services. The prices of the services depends from where we are getting the services. Recently I Got services from airdexinc.com where I found the prices were reasonable.
What is promotional activities?
In my opinion promotional activity is to promote products or services at in the public area, Market area, Malls, Multiplex, Distribution of pamphlets in most competitive prices.
Disadvantages of price mechanism?
Price mechanism is the system where supply and demand are what determines prices of products or services. Unemployment, inflation, and uneven distribution of resources are disadvantages of price mechanism.
Which forces play the greatest role in determining the distribution of goods and services in a free market economy?
In a free market economy, the primary forces that determine the distribution of goods and services are supply and demand. Supply refers to the quantity of goods and services that producers are willing to offer at various prices, while demand reflects consumers' willingness to purchase those goods and services. Prices serve as signals to both producers and consumers, guiding production decisions and consumption patterns. Additionally, competition among businesses helps to ensure efficiency and innovation in meeting consumer needs.
How much does it generally cost to hire carpet cleaning services?
Carpet cleaning services generally cost between $30-$50. Prices vary depending on whether the home-owner decides to rent a carpet cleaning machine or hire someone else to clean the carpet.
Why are most people concerned about the distribution than the of goods and services?
Most people are concerned about the distribution of goods and services because it directly impacts accessibility, equity, and overall quality of life. Inequitable distribution can lead to social disparities, where some individuals or communities lack essential resources while others have an abundance. Additionally, effective distribution systems influence economic stability and can affect prices, availability, and consumer satisfaction. Consequently, individuals are more likely to focus on how resources are shared rather than the mere production of those goods and services.
