Author Question: Which of the following is the most critical signaling mechanism in markets? a. quantity b. price c. ... (Read 39 times)

vHAUNG6011 · **on:** Jun 30, 2018

Which of the following is the most critical signaling mechanism in markets?
a. quantity
b. price
c. cost
d. government regulation

Question 2

People who make the arguments that economic growth will deplete natural resources make the same assumption Malthus made about resources. What is that assumption?
a. Natural resources will never run out because they are freely available from nature.
b. Natural resources cannot be produced, so they are available in fixed quantities.
c. That new technology will limit our dependence on natural resources so they won't be depleted.
d. That the government will eventually step in to save the natural resources from depletion.