Social Studies, 22.07.2019 19:30, sleepingfrosty5611

How will customers react to the incentives of a higher price on goods or services?

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History, 26.06.2019 12:00, frankcaroccio0203

Record each group member's name and title (e.g., mom or dad) on a piece of paper. don't forget to include yourself. for each person, consider the role that person plays in the economy. is the person a consumer, a supplier of goods and services (producer or entrepreneur), and/or a supplier of labor (worker)? members will play more than one economic role. for example, your parent may be both a supplier of labor and a consumer. if a member is a consumer, answer the following questions to support your claim: what types of goods and services does this member buy? where are these goods and services being purchased? you can provide answers, such as stores or be more specific. what do you think are the member's incentives for buying these products? if a member is a supplier of goods and services, answer the following questions to support your claim: what goods and services are being provided? who is consuming the goods and services that your member supplies? for example, if your parent owns a pizza store, then food customers are consuming your parent's products. what do you think are the member's incentives for supplying these products? if a member is a supplier of labor, answer the following questions to support your claim: what kind of labor, or work, is being supplied? in other words, what is the member's job? what type of company or employer does the member work for? what are the member's incentives for working?

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History, 29.06.2019 09:00, maybellforever120215

How do price controls interfere with the efficient allocation of goods and services in a market economy? a) price controls work to enforce the market equilibrium price for goods and services. b) the government places price controls on goods and services that would otherwise defy the forces of supply and demand. c) price controls create artificially high or low prices for goods and services, which in turn cause disequilibrium in the market. d) price controls increase efficiency in markets by sending clear signals to buyers and sellers, thus making the allocation of goods and services easier to facilitate.

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Business, 10.07.2019 05:30, ranaaf

Because the cpi is based on a fixed basket of goods, the introduction of new goods and services in the economy causes the cpi to overestimate the cost of living. this is so because new goods and services cost more than existing goods and services. new goods and services are always of higher quality than existing goods and services. when a new good is introduced, it gives consumers greater choice, thus reducing the amount they must spend to maintain their standard of living. new goods and services cost less than existing goods and services.

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Business, 02.08.2019 15:20, asiaboo37

Which is not true regarding differences between goods and services? a. reselling is unusual in services; goods often have some residual value. b. services tend to be more knowledge-based than goods. c. goods tend to have higher customer interaction than services. d. services tend to have a more inconsistent product definition than goods. e. services are generally produced and consumed simultaneously; tangible goods are not?

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