How will society allocate goods and services to consumers, Microeconomics

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How will society allocate goods and services to consumers

"Through the guiding function of prices and the incentive function of profits" is the market system's answer to which question?

A) How will society allocate goods and services to consumers?
B) How will the market restrain economic freedom?
C) How will society produce goods and services at lowest cost?
D) How will the system accommodate change?

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Microeconomics: How will society allocate goods and services to consumers

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Microeconomics: How will society allocate goods and services to consumers

Reference No:- TGS075766

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

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Ask an Expert for Answer!!

Microeconomics: How will society allocate goods and services to consumers

Reference No:- TGS075766

Recent Questions Asked Microeconomics

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