Question

1. Prices for fish go up because providers had a rush of orders from other countries.

2. Prices for fish go down because the government became concerned that people could not afford them.
3. Companies hire more workers because the government will cover part of their salaries.
4. Companies lay off workers because their sales have declined.
identify each as a market element or a command element of an economy.

Answer 1

1 is supply and demand 2 is deflation 3 inflation 4 supply and demand