nerogravestones
14.02.2020 •
Business
. Which of the following is not a characteristic of the market system?
A. private property.
B. freedom of enterprise.
C. government ownership of the major industries.
D. competition in product and resource markets
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Ответ:
C. Government ownership of the major industries.
Explanation:
The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.
Other characteristics of market system not mentioned in the question are
1. System of market and prices
2. Motive of self interest.
Ответ:
A business owner may lower the price of a product if there isn't enough demand or as a promotion. A business owner's price for their products/services should only be what consumers would pay for. If they aren't willing to pay the expensive price, they should lower it. The owner may also lower the price as part of a sale to attract customers or to get rid of the product.
I hope this helped!
Good luck <3