Answered

Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Give an example of one good or service produced in the United States using the market model. Justify your example using content from the poster.

Sagot :

Presley23350

Answer:

Oil is the good produced in the United States of America by using the command economic model.

A command economy is an economic system where the government decides the quantity of goods produced as well as the price of the goods. In his type of economy, the prices of goods are fixed and does not depend on the demand and supply. The United States of America produced oil according to the demand of the country's needs of oil so that's why we can conclude that oil is the good that follows the model of command economy.

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.