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What is the role of prices in a market economy? a Indicating the cost of a good. b Indicating how valuable a good is. c Indicating the profit that a supplier will receive. d Non…

What is the role of prices in a market economy? a Indicating the cost of a good. b Indicating how valuable a good is. c Indicating the profit that a supplier will receive. d Non…
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4 votes
What is the role of prices in a market economy?

a
Indicating the cost of a good.

b
Indicating how valuable a good is.

c
Indicating the profit that a supplier will receive.

d
None of the above.

asked
User Wensveen
by
7.8k points

1 Answer

4 votes

a. Indicating the cost of a good.

answered
User Nick Gotch
by
7.6k points
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