Social Studies, 19.10.2020 14:01 kaileyy06
In Country D, business owners make most economic decisions. As long as they abide by fair trade policies, they can decide what to produce, how to produce, and for whom to produce without government intervention. These decisions are made by business owners based on what happens in the market. For example, a computer manufacturer recently developed a new video gaming system, but decided to wait until closer to the holidays to release the system to the public because it believed anticipation among consumers would allow the company to charge a higher price for the system. What is their economy?
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In Country D, business owners make most economic decisions. As long as they abide by fair trade poli...
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