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Markets usually tend toward equilibrium, but in some cases, the government can jump in to control prices. The government can enforce a price ceiling, or a maximum price that can be charged for a good. Or they can form a price floor, or a minimum price that can be charged for a good or service.
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What role does te government play in determining some prices?
The govt can regulate some prices like in resoursen such as land, the govt regulates rent on the market.
What role does government have in the U.S market economy?
It doesn't decide which or how many goods are produced, or it doesn't set prices or tell people where to work. The government doesn't play much of a role at all.
Explain various factors that play an important role in determining the personality of a?
Explain various factors that play an important role in determining the personality of a person?
Which list consists of four factors that play a play a role in determining climate?
A
What role do you think the government should play in the economy?
No role the government should play.
What does not play a role in determining whether individual get cancer from a carcinogen?
...
What does play a role in determining whether individuals get cancer from a carcinogen?
...
Who controles prices and availability in an industry?
Price and availability in an industry are typically influenced by the interaction of supply and demand forces. Factors such as production costs, competition, government regulations, and consumer preferences also play a role in determining prices and availability of goods and services. Ultimately, the market dynamics determine the equilibrium price and availability levels in an industry.
What role do moons play in determining the type of galaxy?
No role, at all. None. Even the Earth and Sun have no part to play.
How does the gov't play both a direct and an indirect role in the economy?
A direct role involves the government passing laws or carrying out policies that change or affect the economy, like issuing taxes. An indirect role is a government change that inadvertently affects the economy, like wars in the Middle East affecting oil prices. The government didn't raise oil prices, but the conflict caused the leaders with whom we are at war to raise prices on our imports.
What role do most markets in the economy play in determining overall economic activity?
Most markets in the economy play a significant role in determining overall economic activity by influencing the supply and demand of goods and services, which in turn affects prices, production levels, and employment. The interactions within these markets help to allocate resources efficiently and drive economic growth.
In which cells do telomeres play a crucial role in determining their lifespan and longevity?
Telomeres play a crucial role in determining the lifespan and longevity of cells in somatic cells, which are the non-reproductive cells in the body.
