In an answer of at least two-well developed paragraphs,explain how a free market economy operates

Answers

Answer 1

Answer:In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services

Explanation:


Related Questions

Which of these happens when you add the prefix mis- to the word spell?
A. The prefix is followed by a hyphen.
B. The last /is dropped.
C. The word becomes misspell.
D. The s is dropped from spell.

Answers

Answer:

the word become misspell

Other Questions
Using the same information above, what percentage of flea collars would not be acceptable to ship according to this sample? A.32 out of 36 collars, or 89%B.4 out of 36 collars, or 11% What type of succession is depicted in figure 2? Justify your answer. An angle measures 62 less than the measure of its complementary angle. What is the measure of each angle? (i need two answers please help see the pic) 2. Which of the following is NOT true ofEuropean exploration of the New World?A. English explorers were in search of rawmaterials to aid England's economic policy of mercantilism.B. God, Gold, and Glory are three generals reasons for European explorationC. Spanish explorers were seeking trading partnerships with American Indians specifically for furs.D. European countries established colonies primarily along the Atlantic coast. Y= -16x^2+181x+59 is the question HELP ASAP PLEASEEEE I NEED HELP!!!!!!!!! Effects of insanitary conditions in the country 7. The answer is letter A or letter DFind the next two terms in the sequence.40, 10, 20, 50, . . .A. 60, 80B. 80, 110C. 70, 100D. 70, 90 Plz help!What is the Go.ogle problem? According to the IFMA Foundation and ARAMARK report, the activity of the food industry that uses the least energy is _____. Please answer! I will mark you Brsinliest! The pictures are together. I need help with this question please help me Reflection Questions:1. what is the importance of ancestors in Chinese?2. which ancient Chinese beliefs do you agree with most? why? What angle maximizes the area of the triangle below? What are the only 3 protections of Civil Liberties in the original constitution? HELP ME BESTIES PLSSSSS :) What problems did Title IX address? Check all that apply.lack of support for international studentslimited opportunities for female athleteslimited resources in scientific courses of studylack of scholarships and championships for women in sportslimited resources and facilities for women The equation of the scatter plot trend line is y = -1700x + 32000 where y is the value of the car in dollars and x is the age of cars in years. Use the trend line equation to predict the value of a car after 7 years. f(x) = -x^(4)Identify the function as a translation, compression, stretch, or reflection I need help pleaseee!! The blank points to the impact of the drug trade