Geography, 26.02.2020 01:42 Bryson2148
How do prices act as signals to allocated goods, services, and productive resources in a market economy?
High prices act as an incentive to drive demand higher.
B) Low prices act as an incentive for producers to increase inventories.
C) Low prices act as an incentive to drive consumers to substitute goods and services.
D) High prices act as an incentive to increase the supply of a good, service or productive resource.
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