Answer:
Installment credit
Explanation:
The answer the guy up there gives you isn't even an option, and i took the test and got it right
Answer:
true
Explanation:
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planned . . . traditional
B.
market . . . planned
C.
market . . . traditional
D.
planned . . . command
A mixed economy has strong elements of both "market" and "planned" economies.
Mixed economy alludes to the financial framework where the monetary exercises are coordinated by both private and the administration. At the end of the day, it is the market economy which is controlled by the legislature or the state. Mixed economy reflects attributes of both market and planned economy. At present, most genuine economies are mixed economy.
Most mixed economies hold attributes of a conventional economy, however those customs don't control how the economy capacities.
Answer:
A. interest groups
Explanation:
I just took the test on edge
If consumers hear reports that make them worry about a product safety, they are less likely to purchase the product. Consumers want to know that the product they are purchasing is safe for them to consume. If there are elements that question their safety, they may not purchase the item due to not knowing what the side effects may be. If the price rises, I would assume even less people would purchase the product if it’s set at a higher price and with product safety in question.
When a market is in equilibrium consumer surplus equals producer surplus.
Consumer surplus measures the net benefit from participating in a market.
Consumer surplus measures the total benefit from participating in a market.
Answer:
Consumer surplus measures the net benefit from participating in a market
Explanation:
The statement 'Producer surplus measures the total benefit received by producers from participating in a market' is correct. Producer surplus represents the benefit producers achieve in a market, whereas consumer surplus represents the benefit buyers achieve, but it doesn't necessarily equal the producer surplus in market equilibrium.
Looking at all four statements, the one that is true is Producer surplus measures the total benefit received by producers from participating in a market.
Producer surplus is the difference between the lowest price a producer would be willing to accept for a good or service and the actual price they receive. It is a measure of the benefits producers receive from selling at a market price higher than the lowest price they would be prepared to sell at.
Consumer surplus, on the other hand, measures the benefit buyers receive from buying a good or service for a price lower than the highest they would be prepared to pay. It should not, however, be confused with the total benefit from participating in the market.
Furthermore, it's not necessarily true that consumer surplus equals producer surplus when a market is in equilibrium. The relationship between the two in equilibrium depends on a variety of factors including the shapes of the supply and demand curves, and the distribution of costs and benefits among buyers and sellers.
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B. lower interest rates.
C. lower production costs.
D. higher interest rates.
Answer:
D. higher interest rates
Explanation: