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The means by which goods and services are bought and sold freely is known as a A. shopping center. B. consumer. C. producer. D. market.
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Asked 12/29/2015 11:31:22 AM
Updated 12/29/2015 11:56:25 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [12/29/2015 11:56:23 AM], Confirmed by jeifunk [12/29/2015 11:56:25 AM]
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User: The means by which goods and services are bought and sold freely is known as a A. shopping center. B. consumer. C. producer. D. market.

Weegy: The means by which goods and services are bought and sold freely is known as a market.



User: At a price of $62.00, people are buying all of the microwave ovens produced at the MZ factory. In this case, $62.00 is called the _______ price. A. market clearing B. shortage market C. fixed market D. steady market

Weegy: At a price of $62.00, people are buying all of the microwave ovens produced at the MZ factory. In this case, $62.00 is called the MARKET CLEARING price.



User: Which of the following statements about socialism is false? A. People can own private property. B. The government tells people where to work. C. The government owns some large industries such as health care and the railroads. D. People still make economic decisions.

Question
Asked 12/29/2015 11:31:22 AM
Updated 12/29/2015 11:56:25 AM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Edited by jeifunk [12/29/2015 11:56:23 AM], Confirmed by jeifunk [12/29/2015 11:56:25 AM]
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Questions asked by the same visitor
Of the following, who is the most important influence on children's self-referent thought? A. Themselves B. Friends C. Family D. Teachers
Weegy: Of the following, FAMILY is the most important influence on children's self-referent thought. (More)
Question
Expert Answered
Updated 12/29/2015 11:01:02 AM
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A person who buys something in the hope that it can be sold later for a profit is A. making a time deposit. B. making a down payment. C. using credit. D. investing.
Question
Not Answered
Updated 12/30/2015 9:30:34 AM
1 Answer/Comment
A person who buys something in the hope that it can be sold later for a profit is investing.

Added 12/30/2015 9:30:34 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/30/2015 9:31:14 AM], Rated good by jeifunk
A market in which no one controls the prices is called A. stability. B. easy money. C. durability. D. perfect competition.
Question
Not Answered
Updated 12/29/2015 1:03:17 PM
1 Answer/Comment
A market in which no one controls the prices is called perfect competition.
Added 12/29/2015 1:03:17 PM
This answer has been confirmed as correct and helpful.
Which one of the following is a characteristic of an oligopoly? A. High start-up costs B. High level of competition C. Large number of businesses D. No control over prices
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Not Answered
Updated 12/30/2015 9:28:46 AM
1 Answer/Comment
Large number of businesses is a characteristic of an oligopoly.

Added 12/30/2015 9:28:46 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/30/2015 9:50:32 AM], Rated good by jeifunk
Most of the tax money spent by the national or federal government is spent on A. social security-type benefits. B. our armed forces. C. the national debt. D. schools.
Weegy: Most of the tax money spent by the national or federal government is spent on SCHOOLS. (More)
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Expert Answered
Updated 12/30/2015 3:20:58 AM
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