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What results from the fact that free market system is based on the free choices of consumers and producers?
The free-market system has a circular flow of influence.
Which of these is most important in a free-market system?
The laws of supply and demand are the most important factors in a free-market system.
Do most businesses make a large profit under the free market system?
Yes, most businesses do make a large profit on the free market. The free market is not susceptible to the laws of trade
Why does the free market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
What results from the fact that free market system is based on the free choices of consumers and producers?
The free-market system has a circular flow of influence.
Which of these is most important in a free-market system?
The laws of supply and demand are the most important factors in a free-market system.
Do most businesses make a large profit under the free market system?
Yes, most businesses do make a large profit on the free market. The free market is not susceptible to the laws of trade
Why does the free-market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Why does the free market system follow a circular flow?
consumersThe free choices made by consumers and producers influence each other.
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following?
A circular flow of influences
Are market pawns people who have no influence on market prices?
Price Takers have no influence on market.
Why does the free-market system follow a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
Why does a free market system follows a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
Why does the free market system follows a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
Why the free-market system follows a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
Why free market system follows a circular flow model?
consumersThe free choices made by consumers and producers influence each other.
