menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 11: The Case for Free Markets: the Price System
  5. Question
    The Free-Market System Coordinates Output Decisions by Pushing
Solved

The Free-Market System Coordinates Output Decisions by Pushing

Question 75

Question 75

Multiple Choice

The free-market system coordinates output decisions by pushing


A) up price when there is a shortage.
B) down price when quantity demanded exceeds quantity supplied.
C) up price when there is a surplus.
D) up price when quantity supplied exceeds quantity demanded.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q70: Figure 11-2<br>​ <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 11-2 ​

Q71: Higher prices can discourage use/consumption, which in

Q72: Any increase in efficiency increases output available

Q73: Central planning systems were used in the

Q74: How does a laissez-faire economy decide which

Q76: The metaphor used to describe the working

Q77: The necessity for choice, in economics, arises

Q78: Under laissez-faire, the force that drives the

Q79: What is the rule for efficient output

Q80: In a classic administrative snafu, the Army

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines