You buy two loaves of bread at a price set by the government. The price of the bread never changes, and it is the only kind of bread produced. This scenario is an example of a perfectly competitive market. market-based economy. shortage. centrally planned market.

Question

Mskyrapollard8651idn Mskyrapollard8651idn

05-07-2022
Business

Answered

IDNLearn.com helps you find the answers you need quickly and efficiently. Our community is here to provide detailed and trustworthy answers to any questions you may have.

You buy two loaves of bread at a price set by the government. The price of the bread never changes, and it is the only kind of bread produced. This scenario is an example of a perfectly competitive market. market-based economy. shortage. centrally planned market.

Sagot :

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Find clear answers at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.

Using A Marker Or A Crayon Make A Sign For Each Of The Following Objects?a. A Faucet For Clean Water At Home B. A Tree C. Rain Deep D. Waste Water Treatment Pla

Wie Lang Is Der Umfang Eines Rechtecks Dessen Länge A 4 Mal So Lang Wie Is Die Breite B

A Expense Is $21,300, And Fixed Costs Are $116,900. Variable Costs Are $25.89 Per Unit With 20,000 Units Expected To Be Sold. The Tax Rate Is 34%. Fixed Assets

If A 91.7 G Sample Of The Liquid 1,2-dibromobenzene Has A Volume Of 46.2 ML, What Is The Density Of The Compound In G/mL?

The Employment Standards Code Sets Out The Minimum Notice Period An Employee Owes An Employer When Quitting.Select One: A) Trueb) False

GivenOL LONm/LOM=3x-15°m/MON=5x-23°Find M/MON:

In Commonwealth V. Mccarthy, The Court Held That The Use Of Automated License Plate Readers Was: ________

Successive Approximation Refers To Rewarding ______ And Not_________Group Of Answer Choices:a) Procedures; Longevityb) Correction; Direction C) Anticipation; Im

Freud Identified Four Levels Of Consciousness.Please Select The Best Answer From The Choices ProvidedOTOFMark This And ReturnSave And ExitNextSubm

Given: P: 2x = 16 Q: 3x-4=20 Which Is The Converse Of P -> Q?

Shubhamsinha3013idn Shubhamsinha3013idn · Answer 1 · 2022-07-14T02:36:20-04:00

The answer is a Centrally planned market.

In the given case, the price of a loaf of bread is set by the government.

Also, the set price of loaf never changes.

Moreover, the bread so produced is the only kind in the market.

This shows all the decisions related to the market of the bread are taken by the center which is the government. In other words, it is the center that plans the decisions concerning the market of the bread.

Hence, where I buy two loaves of bread at a price set by the government. The price of the bread never changes, and it is the only kind of bread produced. This scenario is an example of a centrally planned market.

Learn more about the market:

https://brainly.com/question/2398546

#SPJ4

Sagot :

Other Questions