In a mixed economy, price is set by:Asupply and demand.Bthe market, with government input.Ccentral planners.Dsuppliers.
Question
Solution 1
In a mixed economy, the price is set by both supply and demand and the market, with government input. So, the correct answers are A and B.
Here's a step-by-step explanation:
- A mixed economy is a system that combines aspects of both capitalism and socialism. It includes both private economic fr Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
In a mixed economy, price is set by:Asupply and demand.Bthe market, with government input.Ccentral planners.Dsuppliers.
Government functions consist of providing the framework and the needed for a market economy to operate effectively.
2.India is a A. Socialist economy B. Capitalist Economy C. Mixed Economy D. Communist economy
22. Which type of economic system is followed in China? (1)(a) Mixed Economy(b) Socialist Economy(c) Capitalist Economy(d) None of these
If the government imposes a price ceiling of $55 in this market, then total surplus will beGroup of answer choices$187.50.$125.00.$250.00.$266.67.