Kindly assist with the above two questions. 1. The market equilibrium as self-regulating in the economy , which producers and consumers are setting price for mutual balance benefits of profit and product quantity satisfaction also refer to... a) price stability b) speculation gambling for profit by limiting supply and increased demand. c) Cartel as price agreement among large corporations for mutually protected profits. d) Collusion where suppliers instead of competition that will increase their mutual cost , they agreed on mutual beneficial price. 2. It is a requirement for a country desiring to participate in the regional economic integration to develop its local economy through free trade of affordable products at the market equilibrium of stable prices , without surplus and shortage shortage, where the member countries economy is mutually protected.. a) third world debt crisis b) state capitalism of government crony c) common external tariff d) business monopoly and cartel
Kindly assist with the above two questions.
1. The
a) price stability
b) speculation gambling for profit by limiting
c) Cartel as price agreement among large corporations for mutually protected profits.
d) Collusion where suppliers instead of competition that will increase their mutual cost , they agreed on mutual beneficial price.
2. It is a requirement for a country desiring to participate in the regional economic integration to develop its local economy through free trade of affordable products at the market equilibrium of stable prices , without surplus and shortage shortage, where the member countries economy is mutually protected..
a) third world debt crisis
b) state capitalism of government crony
c) common external tariff
d) business
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