In a market economy, the main market signal to competitive suppliers is

a. the number of consumers
b. consumers' income
c. the rate of inflation
d. the price of the product
e. the unemployment rate

D

Economics

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Who is an unemployed worker? If the number of employed workers in a country, where the size of the labor force is 4 million, is 2.75 million, what is the number of unemployed workers in the country?

What will be an ideal response?

Economics

If you will receive $3,000 three years from today and the discount rate is 7 percent, the present value of the $3,000 is

a. $2,779 b. $3,770 c. $1,658 d. $1,962 e. $2,449

Economics