Question

Complete the sentences with the words given below:
1. Market economies are directed by . . . .
2. . . . is a consumer’s willingness and ability to buy a product or service at a particular time and place.
3. More people can afford to buy . . . at a lower price than at higher price.
4. Buyers and sellers have full knowledge of the prices quoted in the . . . .
5. In some countries prices are set by . . . .
a) demand; b)prices; c) items; d)market; e)auction.

Answer 1

Ответ:

1. Market economies are directed by prices .

2. Auction is a consumer’s willingness and ability to buy a product or service at a particular time and place.

3. More people can afford to buy items at a lower price than at higher price.

4. Buyers and sellers have full knowledge of the prices quoted in the market.

5. In some countries prices are set by demand.

Объяснение: