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1. Market Economies: A market economy easily adjusts to changing demands.
2. Mixed economies: In Great Britain health care is supported by the government.
3. Planned Economies: A major problem of planned economies is inability to predict consumers demand.
4. Channels of Marketing: Many business partners coordinate their efforts to make possible the delivery of goods.
5. Neoclassical Economics: Neoclassical economists simplified many broad categories of market phenomena.
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1. Market Economies: Private firms in market economies try to make a profit
2. Mixed economies: In mixed economies the government controls resources, taxation, public health and defence
3. Planned Economies: In planned economies industries meet a production target
4. Channels of Marketing: Marketing channels raise demand through the joint efforts of retailers, wholesalers and sales offices
5. Neoclassical Economics: All the subschools of Neoclassical economics paid great attention to the analysis of coordinating features of market processes in terms of plans and subjective evaluations
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1. Market Economies
In what way do changing demands affect production in a market economy?
Consumers are ready to pay money for fashionable products, private companies are ready to produce these products to get profits.
2. Mixed economies
What is the purpose of a mixed economy?
Its purpose is to avoid the disadvantages of market and planned economies and to use the advantages these economies both have.
3. PlannedEconomies
What causes delays and queues for some products?
Underproduction of some goods does.
4. ChannelsofMarketing:
What does the structure of channel outlets consist of?
It consists of establishments through which the goods are delivered to consumers.
5. Neoclassical Economics: What caused the beginning of neoclassical economics? Marginalist revolution did.
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1. Market Economies
Market economies based on private enterprise with private ownership adjusts to changing demands.
2. Mixed economies
A mixed economy with the features of market and command economies allows the state and the private sector to interact in solving economic problems
3. PlannedEconomies
A planned economy when the government takes all important decisions can lead to delays and queues.
4. Channels of Marketing
Marketing channel is a complex network of joined independent organizations with the purpose of delivering goods and services and increasing demand.
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5. Neoclassical Economics
Various subschools of neoclassical economics are amalgamated by the ideas of marginalist revolution, individual choice and subjective evaluations, and coordinating features of market processes.
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| Department of Geological Sciences Queen's University Kingston, Ontario | |||
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| October 24, 2002 | |||
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| 10 October 2008 | |||
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