Multiple Choice
The price system
A) is the voluntary exchange system.
B) is old fashioned and is no longer used.
C) is used only in countries that are developing.
D) is used by the government to maintain stable supply of goods.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q78: When the government restricts the quantity of
Q79: Your local grocery store reduces transaction costs
Q80: Which of the following is a possible
Q81: If both buyers and sellers expect the
Q82: People often complain about price gouging after
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -An increase in
Q85: Which of the following will likely occur
Q86: We cannot predict the effect on the
Q87: When a government increases an effective price
Q88: In a price system, changes in prices<br>A)