Jenessa_2413
Imagine that you have opened a factory. You have decided to produce bicycles. You can produce as many bicycles as you would like, but government regulations prevent you from charging more than $200 for your bicycles, in order to protect competition in the marketplace. Which statement correctly names this type of economy and explains its democratic benefit?
A market economy protects the rights of the individual over what is best for corporations.
A market economy limits what companies can do or sell and keeps individual rights intact.
A mixed economy offers some protection for consumer rights but still allows a good deal of choice.
A mixed economy allows free competition to determine how best to treat consumers without limiting corporation
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jenessa_2413 Imagine that you have opened a factory. You have decided to produce bicycles. You can produce as many bicycles as you would ...” in 📙 Geography if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Referring to the map above, which of the following best explains why ecosystems nearest the equator generally experience the highest temperatures throughout the year? A. because they receive the lowest intensity of sunlight B.
Answers (1)
Many factors are being affected by the change, for example, water levels, increased temperature, rate of ozone depletion, CO2 levels and more. Plants and humans must rapidly acclimate to these changes in the environment in order to stay alive.
Answers (1)
What does a alligator habitat look's like
Answers (2)
What happens to a mountain root as erosion removes material from the summit? it gets deeper it gets shallower it stays the same?
Answers (1)
How is a climax community different than a primitive community? a. The types of organisms present in a climax community are more complex. b. Primitive communities tend to have less biodiversity than climax communities. c.
Answers (1)
New Questions in Geography
According to the text, why is "bad" news important for nations?
Answers (1)
When a longitude and latitude meet, what is that called?
Answers (1)
Though titan has low gravity, it is able to retain an atmosphere because
Answers (1)
What form of renewable energy has declined?
Answers (1)
it took Margaret 2 hours and 14 minutes to clean her room including her closet right the time it took Margaret to clean her room as a mixed number in simplest form and as a decimal
Answers (1)