i hope i'm not a bother but this is the last question.
Each brand of cereal at the supermarket has a different price , but they all cost within $1.00 of one another. The pricing and the availability of this cereal best demonstrates.
A Free trade policies
B Market supply and demand
C command economics
D trade sanctions
I do not have an answer to this one could you please explain? thank you...
once again sorry to post so many question's.
If you selling some outgrown games, how would you price them?
At a low price Because i want to make a profit but have my price appeal to costumer's.
Right. Which answer above is most like your answer?
B. market supply and demand.
PS Can i help other students like recommend articles and such just not give out answer's is that OK?
Sorry i don't know why i showed up as anon.
Yes, B.
You're welcome to help other students, as long as it's help and not cheating. Only official tutors have the ability to post links to other websites.
OK, thanks Ms. Sue and max.
You're welcome, Mr. Skill.
No problem at all! I'm here to help. It seems like the question is asking about the relationship between the pricing and availability of different brands of cereal at a supermarket. To figure out the answer, let's analyze the options.
A) Free trade policies: Free trade policies generally focus on reducing barriers to trade, such as tariffs and quotas, to promote competition and lower prices. However, the question is not really about trade policies, so we can eliminate this option.
B) Market supply and demand: Supply and demand is a fundamental concept in economics. In a competitive market, the price of a product is typically determined by the interaction of its supply (how much is available) and demand (how much people want to buy). If all the cereal brands at the supermarket have different prices but are within $1.00 of each other, it suggests that the market is determining the pricing based on the balance of supply and demand. Therefore, this option is a strong possibility.
C) Command economics: Command economics refers to a system where the government controls the allocation of resources and determines prices. However, the question doesn't provide any indication of government control over cereal pricing, so we can eliminate this option.
D) Trade sanctions: Trade sanctions are measures imposed by one country on another to restrict or prohibit trade. This option does not seem relevant to the question, so we can eliminate it.
Based on our analysis, option B (Market supply and demand) appears to be the most suitable answer. The fact that the cereal brands have different prices but are within $1.00 of each other suggests that market forces of supply and demand are influencing the pricing and availability of the cereal at the supermarket.
Remember, the key to answering questions like these is to carefully read and analyze the information provided, eliminate options that do not fit, and consider the most logical and relevant concept or principle.