Social Studies, 09.10.2019 04:10 amandasantiago2001
In a market economy,
a. supply and demand determine prices and prices, in turn, allocate the economy’s scarce resources.
b. the allocation of scarce resources determines prices and prices, in turn, determine supply and demand.
c. supply determines demand and demand, in turn, determines prices.
d. demand determines supply and supply, in turn, determines prices.
Answers: 3
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In a market economy,
a. supply and demand determine prices and prices, in turn, allocate the...
a. supply and demand determine prices and prices, in turn, allocate the...
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