menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 45
  4. Exam
    Exam 2: The Market System and the Circular Flow
  5. Question
    The Guiding Function of Prices Tends to Keep Resources Flowing
Solved

The Guiding Function of Prices Tends to Keep Resources Flowing

Question 135

Question 135

True/False

The guiding function of prices tends to keep resources flowing toward their most highly valued uses.

Correct Answer:

verifed

Verified

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

Related Questions

Q27: One of the most important economic resources

Q29: Copyrights and trademarks are examples of<br>A) capital

Q99: The market system is an economic system

Q114: If a nation restricts trade with other

Q133: One essential trade-off involving business risk in

Q134: Which of the following best describes the

Q182: Private property<br>A) discourages cooperation because people don't

Q194: Which of the following characteristics is least

Q208: Which of the following is not a

Q237: In a market system, self-interest is the

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