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stepan [7]
3 years ago
13

which of the following is not an example of one of the four main advantages of prices in a free market economy

Social Studies
2 answers:
gladu [14]3 years ago
5 0

Answer:

>>>Producers make a greater profit when the retail price of an item is lowered.

Explanation:

Which of the following is not an example of one of the four main advantages of prices in a free market economy?

 

The price of an item is low, so consumers see it as a signal to buy the item.

 

>>>Producers make a greater profit when the retail price of an item is lowered.

 

Consumers are willing to pay a higher price for a good, so producers manufacture more of the good.

 

The price of a good can be quickly increased in response to excess demand.

Ainat [17]3 years ago
3 0
<span>Producers make a greater profit when the retail price of an item is lowered. Hope this helped!! (:</span>
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