menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 1: The Nature of Economics
  5. Question
    In a Market System, ________ Provide Signals About Whether Resources
Solved

In a Market System, ________ Provide Signals About Whether Resources

Question 209

Question 209

Multiple Choice

In a market system, ________ provide signals about whether resources are relatively scarce or abundant.


A) prices
B) buyers alone
C) government officials
D) scientists

Correct Answer:

verifed

Verified

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

Related Questions

Q204: A positive economic statement is one that<br>A)

Q205: The use of data in economic models

Q206: Economics is called an empirical science because<br>A)

Q207: It has been noted that when the

Q208: The headline in the local paper today

Q210: Which of the following is a statement

Q211: People behave rationally when they<br>A) follow the

Q212: Ceteris paribus means<br>A) all men are created

Q213: Normative economics<br>A) is never studied at the

Q214: If economists are making the assumption that

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