bjwanner bjwanner
  • 02-01-2019
  • Business
contestada

How do self interest and competition affect the free market

Respuesta :

hibakhamis42
hibakhamis42 hibakhamis42
  • 02-01-2019

They affect the free market by having people 'fight' over resources, money of consumers and investments. The invisible hand is pushing firms to create the goods and sell them for as cheap as possible.

Answer Link

Otras preguntas

Would someone freeze in space without a space suit or is it just that they can't breathe?
A spherical water tank has a diameter of 42 feet. How much water can the tank hold when full? A) 10,561π cubic feet B) 12,348π cubic feet C) 15,934π cubic f
What was Prometheus's punishment for giving fire to humans
Regular pentagon ABCDE rotates counterclockwise about its center to yield pentagon A'B'C'D'E'. At which angle of rotation does A' coincide with D? A.320 B.288 C
the prefix ab- means away from, off. a. true b. false
a divide separates river systems that travel in the same direction. true or false
A boy weighs 40 kilograms. He runs at a velocity of 4 meters per second north. Which is his momentum?
Which is an example of a sport that has low equipment costs?
The higher the amplitude of the wave, the greater its intensity and the greater its loudness.
The function y = –16t2 + 224 models the height y in feet of a stone t seconds after it is dropped from the edge of a vertical cliff. How long will it take the