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AURORKA [14]
3 years ago
13

What message do high prices send to producers?

Social Studies
1 answer:
kherson [118]3 years ago
6 0

Explanation:

Prices can act as a signal to both producers and consumers: – A high price tells producers that a product is in demand and they should make more. – A low price indicates to producers that a good is being overproduced. – A high price tells consumers to think about their purchases more carefully.

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