__________ is not associated with the market principle.

Question

Quizplus · Accepted Answer

The market principle is based on the law of supply and demand, which determines prices through competition. Profit motive and bargaining are also key components of the market principle. However, fixed values for products are not a characteristic of the market principle, as prices are constantly changing based on supply and demand. Industrialism is also not directly associated with the market principle, as it is a broader economic system that includes factors such as industrial production and technology.

__________ Is Not Associated with the Market Principle