In a free market economy, scarce resources are allocated through the price system.
Correct Answer:
Verified
Q119: Why do firms like to use the
Q120: What is the current size of the
Q121: Why do some firms relocate their manufacturing
Q122: Which economic statistic is a good indicator
Q123: What economic change accounts for the increasing
Q125: An economic system is a way of
Q126: Throughout the history of the U.S., the
Q127: The current size of the U.S. labor
Q128: Economic decisions made by governments do not
Q129: The price of a good tells the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents