The price that we observe in the market is
A) the law of demand.
B) a substitute.
C) the money price.
D) the relative price.
C
Economics
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What are a marginal cost pricing rule and an average cost pricing rule? What are the disadvantages and advantages of each?
What will be an ideal response?
Economics
In an ideal free unregulated market
a. supply curves reflect all negative externalities. b. external benefits are abundant. c. all individual and social needs are met by the market. d. optimal quantities of all goods and services are produced.
Economics