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Author Question: The market system is also called the price system because A) rising prices are the signal to ... (Read 77 times)

jlmhmf

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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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


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