Advantages of the mixed economy, Managerial Economics

Advantages of the Mixed Economy

Necessary services are provided in a true market economy, services which were not able to make profit would not be provided.

Incentive:  Since there is a private sector where individuals can make a lot of money, incentives still exist in the mixed economy.

Competition:  Prices of goods and services in the private sector are kept down through competition taking place.

Posted Date: 11/27/2012 4:44:14 AM | Location : United States







Related Discussions:- Advantages of the mixed economy, Assignment Help, Ask Question on Advantages of the mixed economy, Get Answer, Expert's Help, Advantages of the mixed economy Discussions

Write discussion on Advantages of the mixed economy
Your posts are moderated
Related Questions
A firm supplied 3000 pens at the rate of Rs 10. Next month, due to a rise of in the price to 22 rs per pen the supply of the firm increases to 5000 pens. Find the elasticity of sup

Normal 0 false false false EN-IN X-NONE X-NONE

explain baumol''s sales maximisation model in detail

How does economic theory contribute to managerial decisions?

I can''t figure out the economic model of a company that I''m supposed to write a report about. The company is a tier 2 supplier, and over the years has bought out several subsidia

Arguments against Monopoly However monopolies have been accused of the following weaknesses. Diseconomies of scale While the monopolistic firm ca

Define theVariable factor of production The input level of a variable factor of production can be diverse in the short run. Raw material inputs are believed as variable fact


To what extent has the IMF achieved its objectives? The objective of achieving full convertibility of currencies has not been achieved.  In the first place countries impose re

Measures to control inflation An inflationary situation can effectively be addressed/tackled if the cause is first and foremost identified.   Governments have basically three