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.
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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
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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.
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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
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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
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2. asked by Addrian
3. 439 views
What is one benefit of trade?Prices go up for luxury goods from abroad. People have access to more goods and services. Workers
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2. asked by Anonymous
3. 739 views
What is inflation?(1 point) ResponsesWhen prices of goods and services go up When prices of goods and services go down When the
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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. 1 answer
2. asked by Hann
3. 155 views
What is inflation?When prices of goods and services go up When prices of goods and services go down When the government
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2. asked by Someone
3. 105 views
When prices of goods and services go upWhen prices of goods and services go down When the government increases taxes When people
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2. asked by Hann
3. 126 views