EssiePooh7646 EssiePooh7646
  • 19-08-2020
  • Business
contestada

When the interaction of producers and consumers determine the prices of goods and services in an economy, it is:

Respuesta :

topeadeniran2 topeadeniran2
  • 21-08-2020

Answer: Market economy

Explanation:

A market economy is a form of economic system whereby the economic decisions that are taken in the market and the prices of goods and services in the market are done through the interactions that takes place between the individuals and the firms. In this economy, there is little or no interventions from the government.

Answer Link

Otras preguntas

How much land do farms take up in the United States
How can you showcase your accomplishments best? a.using bullets with a paragraph describing each accomplishment b.using bullet points to highlight four to six a
a crate of tennis balls measures 25 inches by 25 inches by 15 inches. each tennis ball has a radius of 1.35 inches. How many tennis balls can fit into the crate
These types of crimes are offenses that in situations involving the same victim and suspect can establish a pattern of events indicative of an abusive relations
The temperature outside dropped 13 F in in 7 hours. The final temperature was -2 F. What was the starting temperature?
Round to nearest cent $0.1968
This idea is in keeping with the theme of the story that humans are Stephen cranes
help would be greatly appreciated!
What are two examples of ways that people shape the world they live in? why do you think people do this?
what is the value of x in the equation 2x+3y, when y=6 ? is it 8, 9 , 27 ,36