Question and answer
The following lists are nations with mixed economies. In which list is the free market most dominant? A. France, Canada, South Africa, United Kingdom B. United States, United Kingdom, Singapore,
Hong Kong C. Cuba, Greece, China, United States D. Russia, Peru, France, Canada
The answer is B. United States, United Kingdom, Singapore, Hong Kong.
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User: The following lists are nations with mixed economies. In which list is the free market most dominant? A. France, Canada, South Africa, United Kingdom B. United States, United Kingdom, Singapore, Hong Kong C. Cuba, Greece, China, United States D. Russia, Peru, France, Canada

Weegy: The answer is B. United States, United Kingdom, Singapore, Hong Kong.
jeifunk|Points 7730|

User: Which law allowed states to pass right-to-work laws? A. Fair Labor and Standards Act of 1938 B. Taft-Hartley Act of 1947 C. Equal Pay Act of 1963 D. Civil Rights Act of 1964

Weegy: B. Taft-Hartley Act of 1947
wonezandzerowez|Points 30|

User: Which of the following would be considered company benefits? A. payments for overtime work B. payments for company events C. payments for unemployment insurance D. payments for health insurance

User: Which is a fixed cost? A. rent B. labor C. raw materials D. heating fuel

Weegy: A. Rent. A fixed cost is A cost that does not vary depending on production or sales levels, such as rent, property tax.
mirajane|Points 156|

User: A music store holds a half-price sale on all CDs. During the sale, people buy more CDs than usual. What does this event show? A. inelasticity of demand B. the substitution effect C. the law of demand D. the income effect

Weegy: C. the law of demand
dokidoki|Points 522|

User: The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is due to A. availability of substitutes. B. relative importance. C. necessities versus luxuries. D. change over time.

Weegy: The answer is A. availability of substitutes.
jher000|Points 7820|

User: 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
abhik1100|Points 685|

User: How does a person’s perception of a good as a necessity or a luxury affect his or her purchase of it? A. If a good is perceived as a luxury, demand becomes elastic. B. People who have a lot of money will buy goods even if they think they are a luxury. C. A good that is perceived as expensive will no longer be considered a necessity. D. A good that is perceived as a necessity will be purchased even if the price rises.

Weegy: D. [ [ A good that is perceived as a necessity will be purchased even the price rises. In Business, you're taught about how goods which are necessities or commodities are purchases regardless of the price because consumers NEED them ...therefore you would call such a good as being 'price inelastic.' If the price of luxury goods goes up, then the demand will decrease as less people will be willing to pay an extortionate price for it. ] ]
esorense|Points 160|

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: If a seller expects the price of a good to rise in the future, the seller will C. store these goods until the price goes up. / Chapter 5: Supply Section
Expert answered|Controler|Points 3561|

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Asked 11/8/2012 11:47:56 AM
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The government’s power to tax and spend to influence the economy is called Fiscal Policy.

Added 4/3/2013 2:06:41 PM
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