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Leonna orders five table settings of china from Elite China.Each set includes a dinner plate,cup & saucer,bowl,and dessert plate.The china is sold only in sets.When the delivery arrives,Leonna discovers that Elite China sent the wrong pattern.Leonna immediately calls Elite China and is instructed to send the shipment back.While repacking the shipment,Leonna changes her mind and decides to keep the cups and saucers.She returns everything else.Can she do this?
Capitalism
An economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods determined mainly by competition in a free market.
Command Economy
An economic system where key economic decisions, such as allocation and distribution of resources, are made by the government.
Production
The process of creating, manufacturing, or producing goods and services.
Distribution
The process of making a product or service available for use or consumption by a consumer or business user.
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