menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 1: Ten Principles of Economics: How People Interact
  5. Question
    Prices Usually Reflect
Solved

Prices Usually Reflect

Question 69

Question 69

Multiple Choice

Prices usually reflect


A) only the value of a good to society.
B) only the cost to society of making a good.
C) both the value of a good to society and the cost to society of making the good.
D) neither the value of a good to society nor the cost to society of making the good.

Correct Answer:

verifed

Verified

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

Related Questions

Q6: If an externality is present in a

Q64: Which of the following could reduce economic

Q67: When Ukraine trades with Italy,<br>A)both countries are

Q68: The "invisible hand" directs economic activity through<br>A)advertising.<br>B)prices.<br>C)central

Q70: Which of the following can lead to

Q73: Public policies<br>A)may be able to improve either

Q74: In a market economy,<br>A)households decide which firms

Q116: Prior to the collapse of communism, communist

Q164: Central planning refers to<br>A)markets guiding economic activity.Today

Q189: Prices direct economic activity in a market

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