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When prices of goods and
Who decides the prices of goods and services of a traditional economy? (1 point)
There are no prices for goods and services.
1 answer
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Which of the following describes how changes in the prices of goods/services can lead to surpluses of goods/services? (1 point)
L
1 answer
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How does a firm generally respond to a higher demand for its goods? There is no set response to this situation. It cuts prices.
1 answer
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What is allocation by need?
A. Increasing prices of goods for the people who most need them B. giving or selling goods to people
1 answer
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What is allocation by need?
A. increasing prices of goods for the people who most need them B. giving or selling goods to people
1 answer
asked by
Addrian
463 views
What is one benefit of trade?
Prices go up for luxury goods from abroad. People have access to more goods and services. Workers
4 answers
asked by
Anonymous
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What is inflation?(1 point) Responses
When prices of goods and services go up When prices of goods and services go down When the
5 answers
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1. What is inflation?
* 1 point When prices of goods and services go up When prices of goods and services go down When the
1 answer
asked by
Hann
184 views
What is inflation?
When prices of goods and services go up When prices of goods and services go down When the government
1 answer
asked by
Someone
135 views
When prices of goods and services go up
When prices of goods and services go down When the government increases taxes When people
1 answer
asked by
Hann
137 views