Resource pricing is important to economists mostly because:
A)resource prices are a major determinant of peoples' incomes
B)resource prices reflect social customs
C)resource prices, along with resource productivity, are important to households in minimizing their costs
D)resource markets are affected by a wide array of factors
E)resource prices are determined largely by governments

Question

Quizplus · Accepted Answer

Resource prices are crucial because they significantly influence the distribution of income among individuals and groups in the economy.

Resource Pricing Is Important to Economists Mostly Because