_____________ work together to guide resources to their highest value.
A)The explicit cost and the implicit cost of a profit maximizing firm
B)The short run and long run supply curve
C)The rationing and allocative functions of price
D)The economic profit and accounting profit

Question

Quizplus · Accepted Answer

Prices act to distribute goods and productive resources to their most-valued use.

_____________ Work Together to Guide Resources to Their Highest Value