Question and answer
A market in which no one controls the prices is called A. durability. B. perfect competition. C. easy money. D. stability.
A market in which no one controls the prices is called: PERFECT COMPETITION.
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Asked 11/30/2015 9:37:39 AM
Updated 11/30/2015 9:52:46 AM
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A market in which no one controls the prices is called: PERFECT COMPETITION.
Added 11/30/2015 9:52:14 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [11/30/2015 10:07:59 AM]
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A market in which no one controls the prices is called perfect competition.
Added 11/30/2015 9:52:46 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [11/30/2015 10:08:00 AM]
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What kind of economy does the United States have? A. Command B. Traditional C. Mixed D. Market
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Updated 11/29/2015 10:39:29 AM
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The United States have a Mixed economy.
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Which of the following statements about socialism is false? A. The government owns some large industries such as health care and the railroads. B. People still make economic decisions. C. The government tells people where to work. D. People can own private property.
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Updated 6/18/2016 5:46:07 AM
1 Answer/Comment
The following statement about socialism is false: The government tells people where to work.
Added 6/18/2016 5:46:07 AM
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Confirmed by jeifunk [6/18/2016 6:59:25 AM]
The main reason producers make things is to A. help the economy. B. pay taxes. C. make a profit on them. D. overcome shortages.
Question
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Updated 11/29/2015 11:17:04 AM
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The main reason producers make things is to make a profit on them.
Added 11/29/2015 11:17:04 AM
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Which of the following statements is true for a capitalist economy? A. Most of the businesses are owned by the government. B. The government controls most of the economy. C. The factors of production are owned mostly by the people. D. It's not practiced in the United States
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Updated 11/29/2015 5:27:26 PM
1 Answer/Comment
The factors of production are owned mostly by the people is true for a capitalist economy.
Added 11/29/2015 5:27:26 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/29/2015 8:07:59 PM]
The market system is said to be driven by A. government controls. B. property ownership. C. self-interest. D. contracts
Question
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Updated 11/30/2015 10:18:22 AM
2 Answers/Comments
The market system is said to be driven by: SELF-INTEREST.
Added 11/30/2015 10:18:22 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/30/2015 11:13:26 AM]
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