Marуket Economy

Free market

The notion of a "free market" where all ecoc great regarding transfers of money, goods, and services take place on a of coercive influence

The ideal free market system does not require coercion

essential characteristic of capitalism

profits

price

monopsony

a

allows the buyer to influence the price

good

agent

supplier

middleman

acting force

partner

representative

monopolly

market structure

product

competition

services

product
product

provider

impact on market value

perfectcoompetition?

the price of goods on the market is the same