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What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
What role does needs and wants play in the free enterprise?
supply and demand
How are prices established in a free enterprise system?
by the interaction of supply and demand
What determines the price of goods in a free enterprise system?
Supply and demand
How is supply and demand related to free enterprise?
they both haveto do with determination and having right
What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
What is supply and demand in regard to free enterprise?
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What role does needs and wants play in the free enterprise?
supply and demand
What factor controls free enterprise?
supply amd demand mg1
How are prices established in a free enterprise system?
by the interaction of supply and demand
What determines the price of goods in a free enterprise system?
Supply and demand
What sentence can you write with free enterprise?
Another word for free enterprise is free market and it means a business govorned by the laws of supply and demand and it is restrained by the government.
What does free enterprise mean for Americans?
It means businesses are governed by the laws of supply and demand.
How is supply and demand related to free enterprise?
they both haveto do with determination and having right
What is special feature of a free-enterprise system helps keep the prices of goods and services down?
Supply and Demand
What special feature of a free enterprise system helps keep the prices of goods and services down?
Supply and Demand
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
