Market Economy
market
market
I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.
Consumers' cooperative is ought to provide quality goods and services at the lowest cost to the consumer/owners alike.producer cooperatives help in creation of jobs hence help alleviate poverty
market
market
market
Market Economy
market
market
market
I am presuming that economics refers to a certain type of science that serves with the inquiry of consumption of goods, allotment/allocation distribution, and both the production and distribution of services and goods. Economics can help solve the problem of resource recycling for the benefit of mankind.
Consumers' cooperative is ought to provide quality goods and services at the lowest cost to the consumer/owners alike.producer cooperatives help in creation of jobs hence help alleviate poverty
Consumers' cooperative is ought to provide quality goods and services at the lowest cost to the consumer/owners alike.producer cooperatives help in creation of jobs hence help alleviate poverty
The price of a given commodity will determine both the demand and the availability of goods. If the price is reduced the demand of the goods will increase and the availability of the goods will reduce.
Prices in a market economy help determine the equilibrium. Consumers will not pay a price higher than its perceived value.