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Author Question: In a marketplace, prices: A) act as a measure of value, and do not affect the allocation of ... (Read 19 times)

asd123

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on: Jun 30, 2018
In a marketplace, prices:
 
  A) act as a measure of value, and do not affect the allocation of resources.
  B) act as incentives that allow for the efficient allocation of resources.
  C) are determined by politicians and regulators.
  D) are determined through auctions.

Question 2

Adam Smith used the metaphor of the invisible hand to explain how
 
  A) business owners are benevolent.
  B) markets mismatch buyers and sellers.
  C) people acting on their own self-interest promote the interest of society as a whole.
  D) the production possibilities frontier illustrates efficient outcomes.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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alexanderhamilton

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asd123

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
Excellent

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