xt O
7
A
Pretest: International Business and Economics
Type the correct answer in the box. Spell all words correctly.
Submit Test
Reader
Carrie works at a canned food production factory. The government wanted to give a boost to the salt industry, so it lined up numerous subsidies a
tax exemptions for the sector. This lead to a decrease in production costs. This also meant that consumers could access canned foods at a lower
price, which lead to an increase in demand for the product. Which kind of economic system is Carrie's company dealing with?
Carrie's company is dealing with a/an
economy.
Reset
Next



Answer :

Final answer:

Carrie's company operates within a mixed economy where both the government and private sector impact economic decisions.


Explanation:

Mixed economy is the economic system Carrie's company is dealing with. In a mixed economy, both the government and private sector play a role in economic decision-making. The subsidies and tax exemptions provided by the government influence production costs and consumer prices.


Learn more about Economic Systems here:

https://brainly.com/question/39861932


Other Questions