Which of the following explains the factors responsible for setting prices in a
free-market system?
A. The balance of costs and benefits.
B. Supply relative to demand.
C. Revenue minus costs.
D. The amount of scarcity.
Please help!!!

Answers

Answer 1

Answer:

B

Explanation:

Supply relative to demand :)

Answer 2

The factor responsible for setting prices in a free-market system is Supply relative to demand. Thus the correct option is B.

What is the Price?

A price refers to the amount which takes place between two individuals when performing the exchange of goods and services. This price is determined by the willingness of both parties involved in the exchange.

A free market system indicates a market structure where the demand and supply maintain the balance of the market and determine the prices.

It can understand with the fact that Demand and supply are measures of how willing both buyers and sellers are to purchase and sell goods.

When both buyers and sellers can reach an agreement on a price, a commodity exchange takes place. As a result, it says that supply in relation to demand influences pricing.

Therefore,  option B is appropriate.

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Related Questions

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What were some impacts of the Trans
Saharan trade route?
Why was the Trans Sahara trade route
important?
• What caused the growth of the trans
Saharan trade?

Answers

Answer:

1.) One of the most important impacts of Trans-Saharan Trade was its role in the emergence of major states which are recognized up to today, several years since the trade declined.

2.) The Trans-Saharan Trade played an important role in the rise of states in the Senegambia region and the Western Sudan, in general. This trade was conducted between the North African traders and their counterparts in West Africa.

3.) Most of the factors which facilitated the growth of the trans-Saharan trade were directly or indirectly related to Islam.

Explanation:

what did citizen representation look like under the articles of confederation???

Answers

Answer:

The colonial intellectual and political leaders in the 1760s and ’70s closely read history to compare governments and their effectiveness of rule. They were especially concerned with the history of liberty in Britain, and were primarily influenced by the Country Party (which opposed the Court Party, which held power). The Country Party relied heavily on the classical republicanism of Roman heritage and celebrated the ideals of duty and virtuous citizenship in a republic. This approach produced the American political ideology of republicanism, which by 1775 had become widespread in the United States. Republicanism, based on both ancient Greek and Renaissance European thought, has been a central part of American political culture and it strongly influenced the Founding Fathers.

Republicanism and Virtue

Many leaders of the Patriot cause in the Revolution, as well as early leaders of the new United States, seemed to embody this republican ideal; these included George Washington, John Adams, and Thomas Jefferson. Revolutionary republicanism was centered on the ideal of limiting corruption and greed. Virtue was of the utmost importance for citizens and representatives. Revolutionaries aimed to avoid the materialism that contributed to the Roman Empire’s downfall. A virtuous citizen was considered one who spurned monetary compensation and made a commitment to resist and eradicate corruption. The Republic was considered sacred; therefore it was necessary to serve the state in a truly representative way, setting aside self-interest and individual will.

Why was the Stamp Act a cause of the American Revolution?

Answers

It was a direct act on the colonist

What was one way many enslaved Africans resisted their enslavement

Answers

Answer:"Day-to-day resistance" was the most common form of opposition to slavery. Breaking tools, feigning illness, staging slowdowns, and committing acts of arson and sabotage--all were forms of resistance and expression of slaves' alienation from their masters.

Explanation:

What did the karankawas do for entertainment?? Need an answer as quick as possible ty <33

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Answer:archery, wrestling, hatchet throwing, recreational brawls with knives

Explanation:

Which federal court would be the first to hear a criminal case?

a circuit court
a district court
the Supreme Court
a court of appeals

Answers

Answer:

A district court because if it's federal then only the district court can hear cases only allowed by congress under the constitution.

Answer:

B

Explanation:

I just took the test and got it right

when was pharaoh won a battle what were the conquered people required to offer him

Answers

Answer: If the pharaoh won the battle, the conquered people had to recognize the Egyptian pharaoh as their ruler and offer him the finest and most valuable goods from their land.

Answer:

D. Their most valuable goods

Explanation:

The pharaoh was the most powerful person in the Egyptian Culture. Everyone saw him/her as a god, so if he/she were to lead the battle and succeed, they would give him all their most valuable goods.

Hope this helps, correct me if I'm wrong!

Have a great day! :D

ASAP I need help on this​

Answers

Answer:

The Black Plague happened so the answer is plague. The BP killed a big majority of Europe so yeah no good.

how did the popes move to avignon and the establishment of rival popes encourge reformers?

Answers

Answer:  How did the pope's move to Avignon and the establishment of a rival pope in Rome affect Church authority and power? They weakened the Church's authority. The move of the papacy put the Church under French influence and having rival popes showed further disarray in the hierarchy of the Church.  

I hope it can help you dear! :)

PLEASE HELP FAST!! How did Georgia play an important role during the Constitutional Convention?

A)Georgia delegate, Abraham Baldwin, refused to sign the Constitution because the debate over equal representation was not resolved.
(only answer if you know FOR SURE)


B)No delegates from Georgia attended the Constitutional Convention because Georgia was involved in a war with Spain during the convention.


C)Georgia delegate, Abraham Baldwin, helped provide the opportunity for discussion that would lead to the Great Compromise solving the problem of equal representation.


D)Georgia delegate, William Few, helped to ensure George Washington as the leader of the country before voting was allowed.

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Answer:

I think it's A, but don't mark my words...

Definitely not B

As used in the reading, what does the word “Jatis” refer to?

The caste system, as it actually works in India is called jati. The term jati appears in almost all Indian languages and is related to the idea of lineage or kinship group. There are perhaps more than 3000 jatis in India and there is no one all-Indian system of ranking them in order of status. Yet in each local area jati ranking exists and is very much related to purity and pollution. Each jati has some unique job, but not everyone in the jati performs it. Thus there are barbers who do not shave, carpenters who do not build, and Brahmins who do not act as priests.



A. The thousands of subcastes in India


B. Marriage between members of different caste groups


C. The over complication of the caste system

Answers

Answer: the answer is C:The over complication of the caste system

Explanation:

What happened to the immigrants that failed the health exam in order to come into America? Group of answer choices They were treated by doctors and given medicine on the spot They refused to treat them, but gave them a job They went to the hospital right away They were detained and held for further questioning, possibly sent back to Europe

Answers

Answer:

They were detained and held for further questioning, possibly sent back to Europe

Explanation:

The immigrants that failed the health exam in order to come into America were detained and held for further questioning, possibly sent back to Europe

Why was the Proclamation of 1763 a cause of the American Revolution?

Answers

Answer:

hope it helps...

Explanation:

Royal Proclamation of 1763:

After the French and Indian War ended, the British government issued the Proclamation of 1763, on October 7, 1763, which forbade colonists from settling the land west of the Appalachian Divide. ... it was also intended to keep the colonists near the coast.

Why does/doesn’t history matter? Give examples on why or why not.

Answers

Answer:Why History Doesn't Matter: An unreachable horizon? ... 3 ('Those who do not know their history are doomed to repeat it: History as Memory') of ... To make this clearer, let me use another example: who has the right to tell the ...

Explanation:

Longer notes take place over more steady beats than shorter notes.
true
false

Answers

Answer:

false

Explanation:

Answer:

WOW IM REALLY LATE ITS FALSE

Explanation:

Why do you think people disagree over the cause of the Civil War?

Answers

Answer:

Because there were many factors of it

Explanation:

Answer: Some people say that the cause was states rights so that they do not have to admit that the reason was slavery, the state right that started the civil war was the right to own slaves. People don’t want to admit that racism is the reason the country went to war.

Explanation:

A valuable cloth made only in China, called ____, was highly prized in Europe.

Fill in the blank

Answers

Answer:

Silk

Explanation:

Answer:

A valuable cloth made only in China, called Pewdiepie was highly prized in Europe.

Fill in the blank

Which European country had better relations with the native americans?
A. Spain
B. England
C. France

Answers

Answer:

C. France

Explanation:

The French didn't really bother them like England and Spain did.

Answer:

C.) France

Explanation:

Made honest attempts to study, learn and honor the language and culture of the Native Americans which lead to better and more understanding relationships.

Where were the Tobacco Colonies located?​

Answers

Answer:

New England

Explanation:

"Where were the Tobacco Colonies located?​"

The tobacco colonies were those that lined the sea-level coastal region of English North America known as Tidewater, extending from a small part of Delaware south through Maryland and Virginia into the Albemarle Sound region of North Carolina (the Albemarle Settlements).

List at least three
adjectives that describe
the Aztec capital of
Tenochtitlan.
More is OK

Answers

Answer: Tenochtitlán was an Aztec city that flourished between A.D. 1325 and 1521. Built on an island on Lake Texcoco, it had a system of canals and causeways that supplied the hundreds of thousands of people who lived ther e

The Aztecs were able to settle there because no one else wanted the land. At first, it wasn't a great place to start a city, but soon the Aztecs built up islands where they could grow crops.

Explanation:

why are people against the idea of child labor

Answers

Answer:

the people are against of child labor because all child should learn they can atleast join a government school because in this education reading is important.

asking questions is super in this education life

People are against child labor because work is not for children to handle, it’s for the adults. Children have the responsibility to grow, study and learn, not work but yet many people use kids to work. I believe that child labor is ridiculous and no kid should be used for labor, they deserve to grow a happy life and study so THEN they could start working on their own account not for other people.

.According to Hamilton, why is it essential that the new Republic establish public credit?

Answers

Answer:

Hamilton deemed it essential to be the support of those to whom it owed money : the wealthy, domestic credit class as well as foreign creditors

How was feudalism in medieval Europe a hierarchy

Answers

Answer:

A ruler or lord offers mounted fighters a fief (medieval beneficium), a unit of land to control in exchange for a military service. The individual who accepted this land became a vassal, and the man who granted the land become known as his liege or his lord.

Explanation:

Answer:

D) Everyone had a different level of power in society.

Explanation:

Social Class

-------------------

King

The king at the top of feudal society

The king owned all of the land

Under the king was the noble class

The king divided his land among his lords

Nobels, church officials

The second highest class included nobles and church officials

The king gave land to nobles

Nobles ran the manors

Church officials couls influence how people behaved

Knights

Knights were also important members of feudal society

Were vassals ro the lord

Protected and fought for the lords

Received land or a place to live on the manor

Peasants, serfs

The lowest classes in medieval society included the peasants and the serfs

Did much of the work on a manor

Received little benefit from work

Grew food, herded animals, and made tools and goods

Had little or no freedom

These are notes I took straight from the video and I got this question right on the quiz hope this helps :)

Please answer--> The picture below is of a ceremonial rite installing the new Pharoah in Egypt. What type of government is represented in this picture?
(Picture is attached below with answer options to choose from)

Answers

Answer:

monarchy

Explanation:

Monarchy is the type of government is represented in this picture. Hence, option D is correct.

What is Monarchy?

Monarchy, a form of governance in which a single person possesses complete sovereignty or power. The word refers to nations where the monarch has absolute authority and acts as the head of state. Monarchs are chosen through hereditary procedures.

The monarchy is the oldest form of government in the United Kingdom. In a monarchy, the head of state is either a king or queen. The British Monarchy is one of the constitutional monarchies. This shows that although though The Sovereign is the Head of State, laws are created and adopted by an elected Parliament.

With their "less formal role" as the country's ruler, the monarch acts as "a center for national identity."

Thus, option D is correct.

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6. Who started most of the colonies in New England? *

Answers

Answer: Puritans Explanation: Puritans began to immigrate from England in large numbers, and they established the Massachusetts Bay Colony in 1629 with 400 settlers. They sought to reform the Church of England by creating a new, pure church in the New World. By 1640, 20,000 had arrived, although many died soon after arrival.

How did the three kingdoms compare in size? What contributed to the increase in
size in the New Kingdom?

Answers

Answer:

Egypt divided into three kingdoms, which consist of the Old, the Middle and the New Kingdoms.

Explanation:

The Old kingdom had city-states, the Middle had a royal dynasty, and the New kingdom had cities.

Old Egypt began after Menes united Upper Egypt and Lower Egypt into one to prevent further conflicts and wars. During the Old Kingdom, pyramid and the Great Sphinx build.

The Middle Kingdom flourished through trade and built massive buildings.

It was during the New Kingdom when the Empire conquered most of its territorial lands. Pharaohs launched expeditions and campaigns to seize lands in Kush, Nubia, Israel, Lebanon, and Syria. Egypt during the New kingdom expanded trade and received goods from other regions.

Select the recovery program that correctly completes each sentence.

THESE ARE THE ANSWERS :>

The ✔ National Recovery Administration
developed codes for fair trade policies to reduce unemployment.
The ✔ Tennessee Valley Authority
built dams and flood controls and brought electricity to one of the poorest parts of the country.
The ✔ Civil Works Administration
created construction jobs for people who were out of work.
The ✔ Public Works Administration
built public buildings such as schools and hospitals.

Answers

Thanks a lot. I didn't know you could use Brainly to give answers on a question.

THANK YOU..............

Which nation invaded the Philippines after Spain? (4 points)
France
Great Britain
Japan
United States

Answers

Answer:

B

Explanation:

Answer:

the answer is japan

Explanation:

HELP !!!

How did WW1 affect Mexican Americans

Answers

Answer:

World War II had an enormous impact on Latinos in the United States, including

Mexican Americans. Mexican Americans were drafted into or volunteered for

the U.S. armed services,

Explanation:

i hope this helped

Identify three examples of secondary sources​

Answers

Answer:

Textbook , magazine article , Book reviews etc are the examples of secondary sources...

Hopes to get BRAINLIEST......

Thank you ☺️☺️

Answer:

Textbooks, dictionaries and biographies

Explanation:

Hope this helps!

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