answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How do prices connect markets in an economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What favored the development of a plantation economy?

The high prices that sugar and later cotton fetched on the European markets.


Because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?

This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.


Is it true that because corporations do not actually raise any funds in secondary markets they are less important to the economy than primary market?

This statement is false. Prices in secondary markets determine the prices that firms issuing securities receive in primary markets. In addition, secondary markets make securities more liquid and thus easier to sell in the primary markets. Therefore, secondary markets are, if anything, more important than primary markets.


When markets or governments make economic decisions about what goods and sevices their resources will be used to make what basic economic question are they answering?

In market-based economies, markets determine prices which will answer the three economic questions


What did David Ricardo believe in?

He assumed, among other things, that all wages and prices were flexible and that competitive markets existed throughout the economy.


How did the nationalization of the markets affect the economy?

the economy experienced panics


How did the nationalization of markets affect the economy?

the economy experienced panics


Do imperfect markets have higher prices than perfect markets?

yes


Who determines prices in a market economy?

in a market economy.. the prices are decided by demand and supply....or compention


What are the markets like in Baghdad?

they are open markets, and they are loud and really busy. there is no refrigerartion and you bargain for prices


Double auction markets with at least two sellers will generate prices that remain a little above prices from posted offer markets True False?

true


Microeconomics and macroeconomics?

Microeconomics is the study of how households and firms make decisions and how they interact in markets. Microeconomics explores the patterns of supply and demand that determine how prices and outputs are established in individual markets. www.textbookvideos.com Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.