Related questions with answers
Question
How are we helped to allocate goods and services by prices?
Solution
VerifiedAnswered 2 years ago
Answered 2 years ago
Step 1
1 of 4The price system, in addition to establishing a monetary value for a good or service, serves as a mechanism for the economy to regulate itself naturally and freely through the interaction of suppliers and demanders in a market.
Create a free account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Create a free account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Recommended textbook solutions



Statistics for Business and Economics
14th Edition•ISBN: 9781337901062 (1 more)David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams1,772 solutions

Cambridge IGCSE Business Studies
4th Edition•ISBN: 9781444176582Karen Borrington, Peter Stimpson686 solutions
More related questions
1/4
1/7