Supply and demand determines prices levels for goods and services in a

Answers

Answer 1
Answer:

supply and demand determines prices levels for goods and services in a market economy.

A market economy is characterized by the free entry and exit of firms, that is, it is an economic system based on competition. In this context, firms compete for the market through price practices. Consumers will buy from the firms that practice the lowest price and firms that charge a higher price will be eliminated by the competition.

When the market places a price where the supply of goods and services will equal the demand for goods and services, the economy will be in equilibrium.

Answer 2
Answer: Supply and demand determines prices levels for goods and services in a "market economy," since (at least in theory) this means that the government does not intervene. 

Related Questions

The father of modern political science is considered to be: John Milton Karl Marx Niccolo Machiavelli Friedrich Engels
The Iliad, an account of the Trojan War, was written by .
What was an effect of nationalism in Europe in the early 1900s?
Philip II’s policy to rid Spain of all non-Catholics was called
"Which statement most accurately describes the meaning of this 1896 cartoon?(1)Western farmers have no market for their products.(2)Grazing and water rights cause conflict in western states.(3)Eastern businesses profit from western farming.(4)Cattle and grain add little to the wealth of the United States."

When Americans embraced the idea of Manifest Destiny, they believed

Answers

Americans  believed they were destined to colonize more countries.

During the Golden Age of Athens, male citizens

Answers

During the Golden Age of Athens, male citizens could vote directly on all maters pertaining to the state, since they were involved in a "Direct Democracy"--as opposed to a representative democracy, such as that one that exists in the United States. 
During the Golden Age of Athens, male citizens were given the right to vote and hold office.

Which of the following is not a characteristic of a unitary government?A. centralized
B. one authority
C. divided powers
D. government in one location

Answers

"C. divided powers" would not be a characteristic of a unitary government, since this would imply that powers are being shared by two or bodies, as opposed to being centralized in one. 

Match the vocabulary word with its meaning. 1. cynicism philosophy that believes true knowledge is not possible 2. inductive reasoning a particular system of thought or doctrine 3. philosophy reaching conclusions based on observation 4. skepticism a means of arriving at truth by questioning, obtaining answers, and criticizing the answers 5. Socratic Method a philosophy that doubts the attitude, beliefs, or character of others 6. syncretism philosophy that attempts to combine different systems of beliefs or practices

Answers

cynicism- philosophy that attempts to combine different systems of beliefs or practices.

inductive reasoning- reaching conclusions based on observation.

philosophy- a particular system of thought or doctrine.

skepticism- philosophy that believes true knowledge is not possible.

Socratic Method- a means of arriving at truth by questioning, obtaining answers and criticizing the answers.

syncretism- a philosophy that doubts the attitude, beliefs, or character of others.

Answer:

1. cynicism

2

reaching conclusions based on observation

2. inductive reasoning

3

a particular system of thought or doctrine

3. philosophy

5

a means of arriving at truth by questioning, obtaining answers, and criticizing the answers

4. skepticism

4

philosophy that believes true knowledge is not possible

5. Socratic Method

1

philosophy that attempts to combine different systems of beliefs or practices

6. syncretism

6

a philosophy that doubts the attitude, beliefs, or character of others

How was the Roman Empire different after Constantine's recognition of Christianity?A. Previously intolerant, Rome became known as a place in which all religions were equally tolerated.
B. Inspired by their emperor to convert, the newly Christian Roman soldiers became more loyal to the empire.
C. Roman cultural achievement fell as pagan philosophers, scientists, and artists fled in fear of persecution.
D. Once Constantine accepted Christianity, the Roman Empire became the center of the new faith's growth.

Answers

Answer:

I think that the answer is D but I'm not sure bc I also think B

During World War II, which pair were Allied nations?France and Morocco
Germany and Italy
Great Britain and the Soviet Union
Great Britain and Morocco

Answers

Option 3: Great Britain and the Soviet Union

At the beginning of WW II in 1939,  the Allies power consisted of France, Poland, and Britain. Gradually, more nations incorporated on the side of the Allies including Australia, Canada, New Zealand, and South Africa, the Soviet Union, the U.S., and China.

Although the Soviet Union was in a neutral position at the beginning of the war and even helped Germany to invade Poland, the western Soviet Union were later invaded by the Axis power in the operation Barbarossa, in June 1941. And the Soviet Union decided to officially enter the war on the side of the Allies.

Great Britain and the Soviet Union