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Author Question: In a market system, which component conveys information about what is relatively scarce and what is ... (Read 66 times)

Yolanda

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on: Jun 29, 2018
In a market system, which component conveys information about what is relatively scarce and what is relatively abundant?
 
  A) the number of producers
  B) the number of consumers
  C) prices
  D) the amount of government regulation

Question 2

The only variable that can affect a movement along the demand curve is
 
  A) income levels.
  B) the price of the good itself.
  C) the number of buyers.
  D) the number of substitutes.


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poopface

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

C

Answer to Question 2

B


Yolanda

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Reply #2 on: Jun 29, 2018
Correct answers!


poopface

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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