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

The range of the function f(k) = k^2+2k+1 is {25,64}. What is the function’s domain?
Select the statements that describe aspects of resources. A. The availability of resources influences where people live. B. Renewable resources have little val
What was one result of China’s decision not to modernize and industrialize in the late 1800s
In order to protect dairy farmers from bankruptcy, the government creates a price floor making it illegal to sell milk below a profitable price. What will be th
What was the main cause of the “Reign of terror”?
Which of the following statements about imaginary numbers are true? The square root of -1 is an imaginary number. is an imaginary number. i is an imaginary nu
If your 23 years old in 2017 then how old were you in 2009
Find the quotient 5/18 ÷2/6 =
The life insurance premium for a 30-year-old male, $320000 straight life policy is ___
How many different indian tribes were there in the united states?