Author Question: The market system is also called the price system because A) rising prices are the signal to ... (Read 79 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
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
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library