Market Economy

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perfectcoompetition?

the price of goods on the market is the same

monopolly

impact on market value

competition

provider

product product

services

market structure

product

representative

agent

partner

middleman

acting force

supplier

monopsony

good

allows the buyer to influence the price

Free market

price

profits

essential characteristic of capitalism

The notion of a "free market" where all ecoc great regarding transfers of money, goods, and services take place on a of coercive influence

The ideal free market system does not require coercion