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In a free market what impact does a shortage have on consumers?

Cosumers will buy more of the product and it will discourage producers


Why is a discounted airline ticket a form of price discrimination?

It isn't. In a free market one is free to charge what one wants.


What was a goal of President Truman in ordering research of the hydrogen bomb?

The goal was to discourage the Soviet Union from attacking free nations.


What terms are associated with a market economy?

Free market economy is a free market system in which decisions regarding resource allocation,production, and consumption, and price levels and competition, are made by the collective actions of individuals or organizations seeking their own advantage.In all market economies, however, freedom of the markets is limited and governments intervene occasionally to encourage or dampen demand or to promote competition to thwart the emergence of monopolies. Also called free economy, free market, or free market economy.


How would the action from the U.S. government would most encourage consumers to spend money in the free market?

Lower the amount of personal income tax


What action could a government take that would most encourage consumers to spend money in the free market?

Lower the amount of personal income tax .


Why is a free market a type of market failure?

In a free market, there is profit to be made by making the free market not a free market. Therefore, a completely free market destroys itself.


The efforts by the world trade organization on encourage free trade?

the efforts by the world trade organization on encourage free trade?


What was the goal of the American colonizations society?

to encourage migration of free blacks to Africa.


What was goal of president Truman in ordering research of the hydrogen bomb?

The goal was to discourage the Soviet Union from attacking free nations.


What do the UAE government do to encourage farming?

They purchase crops back from local farmers at market related prices irrespective of the the quality. They also provide estension services for farmers, free land for local farmers and free fertiliser


How can employers ensure a discrimination-free workplace?

Employers can ensure a discrimination-free workplace by implementing and enforcing anti-discrimination policies, providing diversity and inclusion training for employees, promoting a culture of respect and equality, and promptly addressing any reports of discrimination or harassment.