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marshall27 [118]
3 years ago
5

In market economy a high price is a signal for Group of answer choicesproducers to supply less and consumers to buy more produce

rs to supply less and consumers to buy lessgovernment to intervene to protect consumersproducers to supply more and consumers to buy less
Business
1 answer:
juin [17]3 years ago
5 0

Answer:

producers to supply more and consumers to buy less

Explanation:

In market economy a high price is a signal for consumers producers to supply more and consumers to buy less .

<u>Since a market economy allows the free interplay of supply and demand, it ensures that the most desired goods and services are produced. </u>

<u>Since the market allows the free interplay of supply and demand, then the law of demand holds that </u>'consumers are willing to buy more at a lower price and suppliers are willing to supply more at a higher price.

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Whitepunk [10]

Answer:

True

Explanation:

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4 0
3 years ago
Quizlet: Under autarky, consumer surplus is represented by the area
solong [7]

Answer:

The correct answer is option c.

Explanation:

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3 years ago
Why does hosa require students join through a local chapter instead of joining as individuals? hosa activities are so closely co
Delicious77 [7]
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7 0
3 years ago
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Len [333]

Answer:

$8,000

Explanation:

Data provided in the question:

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7 0
3 years ago
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Step2247 [10]
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