Disadvantages of mixed economy system
Tell me what are the disadvantages of mixed economy system?
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The disadvantages of a mixed economy really depend on how "mixed" it is. For example, if it is mixed more towards a free-market, there is little regulation (some may see it as a good), the control may stifle growth if it is mixed more towards a command economy.
Mixed economies can also have many types of such as Each of these will share a disadvantage. A stifle profits due to it's high tax construction, but it will encourage new ideas due to its low regulation (this might result in many weird effects such as an economy comprised almost exclusively of small, well-niche businesses). B will reassure profits, but due to its regulation, some new ideas (and some growth) will be stifled. For instance, if environmental principles are strict, the construction of new plants or refineries might be lowered. This results in a small number of profitable and very large businesses.
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The price elasticity of supply is zero therefore supply is perfectly price inelastic within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Best illustration of an oligopoly The The best illustration of an oligopoly is: (1) guaranteed next-day delivery of packages and mail. (2) cranberry production. (3) all the local electric utility companies in New England. (4) the United Autoworkers [UAW] union. (5) Wal-Mart.
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Increasing equality within the distribution of income or wealth is generally related with: (1) decreases in the population’s total amount of income or wealth. (2) lower values for the Gini coefficient. (3) greater overall curvat
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