
Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767
Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 12
The price system is based on ______.
A) government regulation (i.e., the government sets most prices)
B) the individual whim of the businessperson who sets it
C) the feelings of the individual buyer
D) supply and demand
A) government regulation (i.e., the government sets most prices)
B) the individual whim of the businessperson who sets it
C) the feelings of the individual buyer
D) supply and demand
Explanation
In economics, price mechanism describes ...
Microeconomics 9th Edition by Stephen Slavin
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