Question and answer
Question not found
Ask a question
Not a good answer? Get an answer now. (Free)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which of these products or services is likely to have an inelastic supply in the short run? A. cargo ships B. haircuts C. newspapers D. staples
Weegy: A product with elastic supply is one where the price you offer will have a strong impact on whether the seller will sell. A. cargo ships User: How does an increase in an excise tax on cars affect the supply of cars? A. More cars will be made. B. Fewer cars will be made. C. Supply will stay the same. D. Supply will increase. Weegy: B. Fewer cars will be made is how an excise tax will affect supply of cars (More)
Question
Expert Answered
Asked 12/26/2012 3:00:18 PM
0 Answers/Comments
A large increase in gas prices creates a demand for cars with good gas mileage. It takes months for car companies to make these cars. How do you describe this market for cars? A. inelastic B. elastic C. static D. inferior
Weegy: A. inelastic User: What is the effect of import restrictions on supply? A. They cause the available supply of goods to drop. B. They cause the available supply of goods to rise. C. They often cause supply to rise steeply and then drop. D. They usually do not have any lasting effect on supply. Weegy: B- they cause the availability of the goods to drop, as the import restriction, such as a quota, restricts the amount of supply at "x" quantity. [ If the supply prior to the import restriction is at a greater amount then "x" then supply falls to meet the boundary. ] User: Which of the following is an example of government influence on supply? A. law of supply B. subsidies C. marginal costs D. market supply curve Weegy: Subsidies. The government basically funds,in all or in part, an industry's production. User: If a seller expects the price of a good to rise in the future, the seller will A. place these goods on the market immediately. B. increase production of the good. C. store these goods until the price goes up. D. increase the price of the good now. Weegy: The seller expects rise in price of a good he will increase production of the good. User: Due to an increase in her rent, Isa needs to cut back her spending on other items. Which of the following types of goods will Isa consume less of? A. substitutes B. normal goods C. inferior goods D. complements Weegy: Isa will need to spend less on complements User: Which of the following actions by the government constitutes a subsidy? A. a price floor on wages B. a payment to farmers for not cultivating land C. an excise tax on cigarettes D. a requirement to use lead-free fuel (More)
Question
Expert Answered
Asked 12/26/2012 3:10:49 PM
0 Answers/Comments
Free market economy?
Weegy: hi.welcome to weegy?what is your questions about economy?thanks for using weegy User: what is a free market economy? Weegy: hi.welcome to weegy?what is your questions about economy?thanks for using weegy (More)
Question
Not Answered
Updated 6/11/2014 12:35:35 PM
1 Answer/Comment

A free market economy is an economy in which the allocation for resources is determined only by their supply and the demand for them.

Added 6/11/2014 12:35:35 PM
This answer has been confirmed as correct, not copied, and helpful.
0 questions answered
Popular Conversations
1/2 x +1/3 y = 0 1/4 x -1/2 y = 8 What is the solution of the system ...
Weegy: (0.4, 2) User: 2/3x -1/2 y = 3 1/2x + y = 5 Which of the following systems is equivalent to the given ...
7/2/2015 2:20:21 PM| 3 Answers
write the number in decimal form:fourteenand eighty-fourhundredths.
Weegy: Fourteen and eighty-four hundredths is 14.84
7/2/2015 6:07:53 AM| 2 Answers
round the decimal number to the nearest tenth:285.429
Weegy: 285.429 is equal to 290.
7/2/2015 6:19:24 AM| 2 Answers
_____________ was the first African American to receive the Nobel ...
Weegy: Ralph Bunch was the first African American to receive the Nobel Peace Prize. He won this for his peacemaking ...
7/2/2015 8:14:33 AM| 2 Answers
The sun's photosphere
Weegy: A. corona User: can only be seen during an eclipse
7/2/2015 8:31:49 AM| 2 Answers
Weegy Stuff
S
1
L
P
1
1
Points 93 [Total 1499]| Ratings 1| Comments 83| Invitations 0|Offline
S
1
Points 50 [Total 561]| Ratings 0| Comments 50| Invitations 0|Offline
S
Points 31 [Total 31]| Ratings 1| Comments 21| Invitations 0|Offline
S
1
L
L
Points 24 [Total 8404]| Ratings 0| Comments 24| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
Points 13 [Total 9542]| Ratings 0| Comments 13| Invitations 0|Offline
S
R
Points 4 [Total 206]| Ratings 0| Comments 4| Invitations 0|Offline
S
L
P
P
Points 4 [Total 3563]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 4 [Total 4]| Ratings 0| Comments 4| Invitations 0|Offline
S
Points 1 [Total 1]| Ratings 0| Comments 1| Invitations 0|Offline
S
Points 1 [Total 44]| Ratings 0| Comments 1| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.