The market system is also called the price system because A) rising prices are the signal to ...

Author Question: The market system is also called the price system because A) rising prices are the signal to ... (Read 36 times)

jlmhmf

Hero Member
Posts: 552

on: Jun 29, 2018

The market system is also called the price system because

A) rising prices are the signal to producers to offer more of a particular good.
B) people pay money in markets.
C) everything has a price tag.
D) inflation is a significant problem.

Question 2

Which of the following is NOT an economic good?

A) a haircut
B) broccoli
C) garbage
D) a textbook

pangili4

Sr. Member
Posts: 346

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C

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