menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics
  4. Exam
    Exam 2: The Market System and the Circular Flow
  5. Question
    In the Market System,prices Tend to Guide Resources from Less
Solved

In the Market System,prices Tend to Guide Resources from Less

Question 56

Question 56

True/False

In the market system,prices tend to guide resources from less important to more important uses.

Correct Answer:

verifed

Verified

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

Related Questions

Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4893/.jpg" alt=" Refer to the

Q52: In a market economy,the money incomes of

Q53: The market system is said to be

Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4893/.jpg" alt=" Refer to the

Q55: In the simple circular flow model:<br>A) households

Q57: By free enterprise,we mean that:<br>A) products are

Q58: Which is characteristic of the market system?<br>A)

Q59: A basic characteristic of a command system

Q60: The idea that firms and resource suppliers,while

Q61: The economy of North Korea would best

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