The _____________ is constantly sending buyers and sellers thousands of signals.

Question

Quizplus · Accepted Answer

The price system is constantly sending buyers and sellers thousands of signals through the fluctuation of prices in response to changes in supply and demand. The price system serves as a communication mechanism between buyers and sellers, indicating to them whether they should increase or decrease production, consumption, or pricing. Price ceiling and price floor are specific price controls implemented by the government, and none of these answers are not a valid option.

The _____________ Is Constantly Sending Buyers and Sellers Thousands of Signals