Answer:
Prices ensure an equal distribution of goods and services among consumers.
Explanation:
The price mechanism helps in the efficient allocation of resources. There are a number of functions performed by the price mechanism. Prices send signals regarding resources. An increase and decrease in prices reflect surplus and deficit.
Price balances the demand and supply of a product. Price is inversely related to demand and positively related to the supply of a product. It is determined by the interaction of demand and supply and helps in balancing supply and demand.
For instance, an increase in demand would increase the price, this higher price will motivate the suppliers to increase quantity supplied thus balancing demand and supply.
Price helps in coordinating economic activities and helps buyers and sellers in decision making. However, they do not help in equal distribution of goods and services among consumers.
Answer:
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Explanation:
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Marla will use the formula to find the updated cost.
=A2-A4-A6-A8-A10
Because A2 is budget and A4, A6, A8 and A10 all are expenses. So she has to budget-all expenses.
So option A=A2-A4-A6-A8-A10 is true.
<h3>What is a spreadsheet?</h3>
A spreadsheet is a computer program that can capture, display and manipulate data arranged in rows and columns. Spreadsheets are one of the most popular tools available with personal computers.
A single spreadsheet can be used as a worksheet to compile data for a purpose, or multiple sheets can be combined to create an entire workbook.
Learn more about spreadsheet here,
brainly.com/question/10509036
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Answer:
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Explanation:
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