Select the type of economic system that best matches each of the given descriptions. traditional
market
command
mixed
based on government control
of resources and production
arrowRight
based on traditions and customs
arrowRight
based on the forces of supply and demand
arrowRight
based on price rationing and includes
some government involvement
arrowRight

The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!