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Which of the following are market structures that can exist in a free-market system?
OligopolyPure competitionMonopolistic competitionapex♥ lluvyanna.NO. I LOVE YANNA.
Who makes decisions in a free market system?
In a free market system
The free market system cannot exist without government regulations for what?
The profit motive undermines competition unless competition is protected.
Free market system cannot exist without government regulations for what reason?
The profit motive undermines competition unless competition is protected.
Which of the following is another term for a free-market system?
CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.
What market structures can exist in a free market?
Oligopoly, Pure competition, Monopolistic competition
What kind of econmoic system does capitaslist country have?
free market
Why does poverty exist in a free market?
Poverty exists in a free market economy because people can choose how to make their money.
What is the basic coordinating mechanism is a free market system?
the basic coordinating mechanism in a free market system is Price.
What economic system does Romania have?
Now is a free market system.
Which of these is most important in a free-market system?
The laws of supply and demand are the most important factors in a free-market system.
Why does poverty exist in a free market economy?
Poverty exists in a free market economy because people can choose how to make their money.
