What are the four characteristics of the Price System?

Answers

Answer 1

Flexible that's when market conditions change, so do prices. Efficient that's resources are allocated efficiently since price adjust until the maximum number of goods and services are sold. Market driven that's Market forces not government policy determine prices. in effect the system runs itself. Neutral that's when both consumer and producer make choices that determine equilibrium price.

Answer 2

The four characteristics of the Price System are

· Neutral

· Market-Driven

· Flexible

· Efficient

Explanation

It is neutral because the prices isn't in favor of the manufacturers or consumers will.

It is market-driven because, for each product, the market determines the price which depends on the productivity of the product.

It is flexible because as seen in the previous factor, when market conditions vary, prices adapt instantly.

It is efficient because the prices of products adjust to the sale level increasing chances of profit.


Related Questions

A Jewish religious leader called a rabbi teaches classes about the Hebrew bible in a place of Jewish worship called a synagogue. The rabbi is most likely employed by

Answers

Final answer:

The rabbi, a Jewish religious leader, is most likely employed by the synagogue, where they teach about the Hebrew Bible, and play a key role in maintaining Jewish traditions and community identity.

Explanation:

The rabbi is most likely employed by the synagogue, which is the central place of worship and learning in Judaism. In the synagogue, the Torah, which is the sacred text of the Jewish people, is kept in a Torah ark and is brought out to be read during services. The tradition of Judaism includes a focus on moral behavior and the study of sacred texts like the Torah and the Talmud. As a religious leader, the rabbi's role involves teaching these texts and leading the community in worship and moral guidance. The work of rabbis and the educational programs provided by synagogues play a crucial role in maintaining the traditions and identity of the Jewish community throughout history, as seen in the careful re-copying of the Torah by rabbis and the enduring religious customs that have allowed Judaism to thrive despite challenges such as diaspora and persecution.

The reasons for sleep are poorly understood T or F

Answers

Answer:

True

Explanation:

Although we understand the basic concepts and reasons for sleep, we do not actually understand the details in such a clear way. We know that there are two main reasons for humans to require sleep. The first one is that sleep helps us repair and restore our organ systems. The second one is that sleep allows us to retain the memories that we have recently acquired. However, the precise mechanisms that underlie these processes are still poorly understood.

Answer:

The answer is true.

Explanation:

Just did the test.

Why do the Tonga people of Zambia call the Zambezi River the "river of life"?

Answers

Answer:

One local folk law is that the Zambezi River has a spirit called Nyami Nyami – this spirit brings them water to grow their crops and fish to eat – and so they call the river “the river of life”. It then turns easterly and forms the border between Zambia and Namibia this is at the Katima Mulilo rapids

Explanation:

According to local folklore, the Zambezi River has a spirit named Nyami Nyami, who sends them water to cultivate their crops and fish to eat, hence the name "the river of life."

Why is the Zambezi River important to people?

The Zambezi River passes through various game reserves and national parks, feeding a wide variety of wildlife, avian, and fish species. The Zambezi is not only a great tourist attraction but also a lifeline and a steady source of income for millions.

Rivers of Life: Zambezi River Profiles The Bundu people of Zambia believe the Zambezi River is inhabited by a spirit known as Nyami Nyami. Because this spirit offers them water to cultivate crops and fish to eat, they refer to the river as "the river of life."

The Zambezi River is known as the "River of Life" in Southern Africa. It is Africa's fourth-largest river system, draining seven countries and supporting millions of people who benefit from its rich fisheries, forests, water, and floodplain soils.

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People usually access social networking sites to be informed and entertained, as well as to connect to others and:
O A. outline their thoughts.
O B. earn better grades.
O C contribute or create something.
O D. buy digital media.

Answers

Answer:

A. outline their thoughts.  

Explanation:

Social networks are used to inform, entertain, connect with others, and outline your thoughts. This is because the interaction that social networks provide, lets the people form their opinions, delineating their thoughts about something, through some information they see, or the comment that a friend made, or the photo that was posted.

Answer:

contribute or create something

Explanation:

PLEASE HELP!!!!!! WILL GIVE BRAINLYEST!!!!!!!
in your own words....What did you learn about civic action?

Answers

The things that learn about civic action is that they were useing military to help solveing people's need and also help people to live better.

CivicAction is an organization in Toronto that works with seniors and upcoming leaders from business, government, labour, academic and community sectors to address challenges in the Greater Toronto and Hamilton Area.

The national women's party was formed in 1916 to support

Answers

Women's Suffrage. The National Women's Party was founded to advocate the need for the 19th Amendment, which was ratified in 1920.

Answer:

National Woman Party is referred to as an United States women's political organization which was formulated in the year 1916 in order to fight and support women in suffrage. After accomplishing this objective with 1920's Nineteenth Amendment to US Constitution, National Women Party also advocated for several other issues which includes Equal Rights Amendment.

which action is a way to carry out smart growth​

Answers

make densely populated areas easy to walk

Answer:

Put neighborhoods close to business centers

Explanation:

APE!X

All of the following are reasons people are in favor of homework EXCEPT: A. A large-scale study showed a strong correlation between doing homework and math achievement. B. Homework helps students learn responsibility and persistence. C. It can help parents be aware of what their children are studying in school. D. It is important for US students to do better than students in other countries on standardized tests.

Answers

D)It is important for US students to do better than students in other countries on standardized tests.

Answer:

D. It is important for US students to do better than students in other countries on standardized tests.

Explanation:

which statement best describes the evolution of cells and earth

Answers

The evolution of cells and the earth, As in the present day the common, prokaryotic. ancestors are along with the three lines. of the descent giving rise to archaebacteria.

What are cells?

The term cells refer to the basic, blocks of all the living things that make, The human body which was composed of a trillion cells. And they provide the structure for the body as well, By the cells. The nutrients and the energy was carried out in the specialized function.

Cellular evolution Archaebacteria, eubacteria, and eukaryotes all descended from present-day cells, which themselves descended from a common prokaryotic ancestor along three lines of derivation.

Therefore, As a result, The evolution of cells and earth Chloroplasts and mitochondria are products of the endosymbiotic relationship between aerobics.

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Chemical evolution preceded organic evolution on Earth, leading to the formation of the first cells and eventually the last universal common ancestor (LUCA), from which all life diversified.

Scientists believe that conditions on early Earth, such as warm seas, the presence of carbon-based molecules, and energy inputs from lightning and volcanoes, facilitated the formation of self-replicating molecules. Over time, these molecules became more complex and eventually gave rise to the first cells. The last universal common ancestor (LUCA) eventually appeared, bringing about the diversification of life with more complex cellular mechanisms such as photosynthesis and cellular respiration.

The complete question is

Which statement best describes the evolution of cells on Earth?

O A Neither chemical nor organic evolution was able to occur until cells came into existence.

OB. Both chemical and organic evolution occurred simultaneously.

OC. Chemical evolution occurred first, eventually making organic evolution possible.

D. Organic evolution occurred first, eventually making chemical evolution possible.

A basic desire of humans is to be free. How could a government help people be free?
A. by claiming territory from enemies
B. by guiding people with moral laws
C. by protecting people from others
D. by making people serve the country

Answers

c is the answer i think

Answer:

the answer is C

Explanation:

to something that means to completely absorb it

Answers

I think your answer will be to 'soak up.'

The answer would be "permeate"

According to the fossil record, which of these evolved after amphibians? Check all that apply.

mammals
sponges
fish
bacteria
reptiles

Answers

mammals, fish and reptiles

Answer:

The correct answers are Reptiles and Mammals.

Explanation:

It is said Right after the amphibian evolution came to the amniotic egg which allowed early reptiles to move. The early reptiles were part of a group called the cotylosaurs. Then, it came the early mammals that evolved from one lineage of reptiles.

citizen from one state cannot sure a person in another state through Federal Court? True or false​

Answers

Answer:

I believe its true

Explanation:

I asked my brother and he said he wasn't sure as well and if you search it up it says the federal court may not even hear the case unless the state consents to jurisdiction (the official power to make legal decisions and judgments)

Where were Americans Indians sent to live when their land was taken away and where was it located

Answers

They were sent to reservations.

the answer is reservations

How does the Bill of Rights protect individuals’ civil liberties?

Answers

The Bill if Rights protected individuals civil liberties:

A) Limits the power of the federal government to control people’s lives.

The Bill of Rights was originally intended to protect the civil liberties of citizens from the federal government.

The Bill of Rights limits the power of the federal government to control people’s lives.

Individuals are guaranteed civil rights and liberties under the Bill of Rights, including freedom of speech, of the press, and of religion. All of the powers not granted to the Federal Government are reserved for the people or the States, and it establishes guidelines for due process of law. Additionally, it states that "the listing of certain rights in the Constitution shall not be construed to deny or disparage others retained by the people."

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the federal government allows citizens to decide how public spending money is used; true or false

Answers

This is False. The federal government does not allow citizens to decide how public money is used.

When citizens have this power it is called Real budget democracy. Now the budget is decided by the Congress passing through many stages. First the Departments and agencies bring on proposals to the White House for the creation of the President's budget, then the House of representatives and Senate make their resolutions and a final budget is created that must be approved for the next fiscal year, that is voted, passed and signed as law.  

What was the goal of Shi Huangdi’s currency policy?

to control people’s thinking

to keep prices for food and necessities low

to make trade easier between regions of China

to improve the system of laws in the country

Answers

The goal of Shi Huangdi’s currency policy:

to make trade easier between regions of China

Every region using the same type of currency made trade easier and fair.

You recelve a raise at work, and now earn more money. As a result, your demand for bus travel decreases. This shows that bus travel is a good

Answers

An inferior good, as income increases inferior goods decrease

Should the students be allowed to perform their school play? Why or why not? Give three reasons to support your decision. At least one of your reasons should be based on what you learned about the Hazelwood v. Kuhlmeier case.

Reason 1:

Reason 2:

Reason 3:

Answers

Yes they should.

1. Enables them to get rid of stage fright

2. They can express emotions through a different medium

3. They have control of what type of plays they would like to perform.

Answer:

where is the passage

Explanation:

What factors contributed to the sectional difference between the North and South? How did these differences affect the ability of the North and South to reach a compromise over slavery?

Answers

The north was heavily dependent on industry while the south was dependent on agriculture. The southern economy was based on the free work they were getting from slaves the north did not need slaves as they were less dependent on agriculture

Your best friend comes to
You with a problem: He is not doing well in school because he has to much going on after school. He wants to improve his grades without giving up his after-school activities.
What are three general time-management techniques that you can suggest him?

Answers

1. Prioritize

Most people take a lot of time doing things that are not a priority at that particular moment thus lowering the productivity.   When you prioritize each assignment, you will not only have an easy time solving the important issues but will also ensure that  you get your issues solved on time. When you teach yourself how to prioritize your work, you will greatly save time that you would have otherwise used to do tasks that are not important.

2. Create time management goals

Remember the focus on time management is actually changing your behavior not changing time. You should teach your employees on how to eliminate time waster. For instance, you can challenge them to set a goal of not taking personal call while working and see who much time they will save. By helping your employees create time management goals, you will help them be more productive and efficient in service delivery.

3. Keep a log

When you first begin to teach yourself time management, keep a log for a week of everything that you do throughout the day, then analyze the log that you have kept and look for any time that was wasted each day .If you then help to keep that wasted time to a minimal level, then you can greatly help yourself to use that time to do something useful.

* Make a To-Do List every day

* Use spare minutes wisely

* It’s okay to say “No”

* Find the time when you do your best work

* Review your notes every day

* Get a good night’s sleep

* Communicate your schedule to others

* Become a taskmaster

* Don’t waste time worrying

* Determine your priorities

Final answer:

To improve time management, students can prioritize tasks based on importance, use a schedule to organize time, and implement efficient study techniques. By doing so, they can balance school with after-school activities effectively.

Explanation:

The challenge your friend is facing is a common one among students who are juggling multiple commitments. It is this delicate balancing act that requires efficient time management. Here are three management techniques that could be helpful:

Prioritization: This involves identifying tasks based on their importance and urgency. Schoolwork, obviously, should come first. Other activities, like hobbies or social events, might need to be scheduled around study time.Scheduling: Using a planner or a digital calendar can help visualize how time is spent. Allocating certain hours of the day to specific tasks, such as studying or doing homework, can bring about order and stability to your friend's daily routine.Effective study techniques: Your friend can look into study methods like the Pomodoro Technique (study for 25 minutes, take a 5-minute break, repeat) or active learning strategies (summarizing information, teaching others, etc.), which are designed to increase productivity and make study time more efficient.

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Which of the following is characteristic of the second shift?


It is unpaid housework women typically do after they come home from their paid employment.

Unmarried women who live with men spend more time on housework than do married women.

The division of household labor is more likely to be equal among married couples.

Women and men are equally responsible for domestic work in most two parent households.

Answers

The following is characteristic of the second shift:

It is unpaid housework women typically do after they come home from their paid employment.

Out of the given choices, “It is unpaid housework women typically do after they come home from their paid employment” is the characteristic of the second shift.

Answer: Option A

Explanation:

In most two-parent families in that both the parents are working professionals, women take up or are given the responsibility of maintaining the household after they are done with their office work.This work is not accounted for and is referred to as 'second shift' work performed by most working professional women.This imbalance in the sharing of domestic work among working parents is mostly due to the patriarchal system that is predominant all over the modern world.

Use the drop-down menu to complete the sentence.

Rome’s first civil war began as the result of conflict between __________?
A. Rival military leaders
B. Patricians and Plebeians
C. Rome and Carthage
D. The Poor and The Wealthy

Answers

I know you're in connexus so here are the answers.

1. Rival Military Leaders.

2. Made himself dictator for life, and, helped the poor.

3. D

Brain? Please!

Rome’s first civil war began as a result of the conflict between two rival military leaders. Hence, Option (A) is correct.

What was Rome’s first civil war?

A brutal power struggle between the politician-generals Gaius Marius and Lucius Cornelius Sulla sparked Rome's first civil war. The rivalry between the two men had been simmering for several years

Marius once claimed credit for one of Sulla's military achievements—and it culminated in war in 88 B.C. when Marius outmaneuvered Sulla to obtain command of the Roman troops in a confrontation with King Mithridates of Pontus. Sulla, enraged at having missed out on glory, gathered his men and marched for Rome.

Sulla assembled his soldiers and set off after King Mithridates after consolidating his grip on Rome. The city was thrown back into civil conflict as soon as he left.

Sulla was compelled to march his 40,000 soldiers again on Rome. He proclaimed himself a dictator and killed hundreds of opposition politicians and aristocrats. Sulla eventually stood down and retired voluntarily in 79 B.C.

Hence, Option (A) is correct.

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Part A
Which statement would best help you to infer that there was a warning
prior to the A.D. 79 disasters?

Answers

number is the correct answere

Article IV deals with the relationships between the states.


Please select the best answer from the choices provided

T
F

Answers

TRUE

Article IV deals with the relationships between the states AND the relationships between the states and the federal government.

Answer:

TRUE

Explanation:

What is the primary purpose of a citation?

A. To show that the author has a master's degree
B. To give credit to the original source
C. To help readers access works in the public domain
D. To give readers links to information

Answers

The correct answer is B, to give credit to the original source. The purpose of citations (typically at the end of a paper) is to give credit to the original source of information you used from someone else’s work. It is a required process when writing a paper, otherwise it is known as “plagiarism” or copying someone else’s work. A common citation format is MLA format, but there are other formats as well.

Hope this helped!

Answer:

the correct answer b

Explanation:

Hope this helps

The _____ is the final court of appeals for all lower federal courts. Congress: Select the best answer from the choices provided. A. Supreme Court B. Federal Court of Appeals C. Presidential Court D. High Court

Answers

In the United States, the Supreme Court  (option A) is the highest authority in legal matters and is part of the Judicial Branch of the government, which is why its decisions are final and can change the resolution of a lower court. The Supreme Court is formed by judges who are selected by the president and approved or not by the Senate, after this they have to serve as judges of the Supreme Court for the rest of their lives.  

* Hopefully this helps:) Mark me the brainliest:)!!!

The US Supreme Court is the final court of appeals for all lower federal courts.

Answer: A

Explanation

The law in the US gives the Supreme court the highest power. The decisions taken by the supreme court is the final word.

It has jurisdiction of all cases whether civil, criminal, etc., over all federal and state domain.

The Court consist of Chief Justice of United States and a justice committee of 8 associate justices.

The Court is in Washington DC and has enforcement arm being Supreme Court of Police.

What is meant by a “private prosecutor?” A German practice left over from the eighteenth century legal system in which victims became their own prosecutors in family court. Early in the twentieth century, American victims’ families were able to hire their own attorneys to prosecute alleged criminals in order to receive any justice at all. An attorney hired by a private individual or family today to charge, try, and punish criminals for crimes committed against their families. A standard practice in eighteenth century England in which the victim’s family hired its own prosecutor to bring charges against an alleged criminal.

Answers

A “private prosecutor” was a:

A standard practice in eighteenth century England in which the victim’s family hired its own prosecutor to bring charges against an alleged criminal.

Answer:

B

Explanation:

Compare and contrast life of one of your parents with your life when she was at your age. Which has a better life? Do you think your parents would live an easier life today or you think then? Which do you prefer more: the conditions or the struggle of your parents then or your struggles now?

Answers

Answer:

I think we have a better life

Explanation:

I think we have a better life because back then, they didn't have a lot technology and develpment. Also, they didn't have a lot of cures to cure deasieses (I think that's not how you spell it but...) and they didn't have a lot of safety. Although I think my life is better, I think my mom would have had a better life back then because she didn't need to worry about her business failing, family divorce, or money because her mom was there to take care of her before she was married. I prefer the condition of the struggles of my parents then because she didn't really have a lot of struggles but now, since that we're all grown up, she has to tell us what she wasn't telling us when we were young because we wouldn't understand what she is talking about. (family stuff, fights, what she was thinking when we were young)

During the Las Vegas massacre, there were people at an outdoor concert who risked their lives to help total strangers. When interviewed later, their common response was, “It was the right thing to do.” What is the term for this kind of deep-down sense of what is good and right?

Answers

The sense of what is good and right is related to moral and ethics. Reasoning and judging things under this terms and making decisions or taking actions based on values as “right x wrong” and “good x bad” are kind of a deep-down sense of morality or ethics.

Final answer:

The term for the deep-down sense that helping strangers, even at significant risk to oneself, is the right thing to do is 'Altruism'. This instinctive drive to do good can override the 'diffusion of responsibility' phenomenon where people may otherwise assume someone else will intervene.

Explanation:

The deep-down sense of what is good and right that these individuals exhibited during the Las Vegas massacre is referred to as Altruism. Altruism involves the voluntary behavior of helping others out of a desire to do good, not for personal gain, and can be so strong that the costs, even if they outweigh the benefits of helping, do not deter the individuals. This behavior can be seen in numerous historical and contemporary scenarios, including instances of prosocial behavior during dark historical episodes and calamities such as 9/11.

However, how people react in situations where it's necessary to help others can vary due to the concept of 'diffusion of responsibility', where, if there are many bystanders present, people are often less likely to take action themselves. Yet, the individuals who risked their lives during the Las Vegas massacre demonstrated that, when guided by a deep sense of altruism, people can perform extraordinary acts of bravery and selflessness.

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