PLEASE HELP! U. S. Free Enterprise System Quick Check U. S. Free Enterprise System Quick Check
Item 1
Why does the free enterprise system help keep prices low? (1 point)
Item 2
The governmental control of the price ensures that it remains reasonable.
Item 3
Item 4
o
Producers must meet consumer expectations for the price or be forced out of the market by competition
because of the open opportunity
Item 5
O Consumers must meet producer expectations for the price or they will be unable to make purchases.
O Producers must lower their price to differentiate their product in the market.

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?