Weegy: The means by which goods and services are bought and sold freely is known as a market.
User: At a price of $62.00, people are buying all of the microwave ovens produced at the MZ factory. In this case, $62.00 is called the _______ price.
A. market clearing
B. shortage market
C. fixed market
D. steady market
Weegy: At a price of $62.00, people are buying all of the microwave ovens produced at the MZ factory. In this case, $62.00 is called the MARKET CLEARING price.
User: Which of the following statements about socialism is false?
A. People can own private property.
B. The government tells people where to work.
C. The government owns some large industries such as health care and the railroads.
D. People still make economic decisions.
(More)