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Author Question: The rationing function of prices means that A) government is responsible for setting the prices ... (Read 200 times)

cdr_15

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on: Jun 29, 2018
The rationing function of prices means that
 
  A) government is responsible for setting the prices of basic foods.
  B) all goods and services are produced by large firms.
  C) businesses determine what goods consumers should purchase.
  D) buyers and sellers synchronize their decisions through the price system.

Question 2

Juanita has just opened a new business selling pet supplies through the Internet.
 
  A) Juanita is an entrepreneur.
  B) Juanita is not providing economic goods since people purchase the goods.
  C) Juanita is not providing economic goods since pet supplies are not being sold in a store.
  D) Juanita is not an entrepreneur since there are other businesses that sell pet supplies.


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Awesome

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

D

Answer to Question 2

A


cdr_15

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

hramirez205

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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