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Why do prices fail to represent the opportunity cost of resources when externalities exist?
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Which of these does not describe a weak economy?
The government will assume a contractionary fiscal policy position.
How does market and government differ in allocation of resources?
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
What is the role of prices in allocating resources in a market economy?
This is from P.47 . right ?
If a supply-demand curve were applied to basic resources?
Their prices would increase.
What is it called when resources become scarce and the retail prices rise?
a limiting factor
How do you use the word opportunity in a sentence?
He was fairly sure that this was not a once-in-a-lifetime opportunity. The fall in stock prices was an opportunity for investors to reenter the market.
Why do prices go up?
because we are utilizing resources very much
How are good and resources distributed in a free market economy?
Through prices
Which of these does not describe a weak economy?
The government will assume a contractionary fiscal policy position.
How does market and government differ in allocation of resources?
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
What is the role of prices in allocating resources in a market economy?
This is from P.47 . right ?
If a supply-demand curve were applied to basic resources?
Their prices would increase.
What is it called when resources become scarce and the retail prices rise?
a limiting factor
How to Find Correct Silver Prices?
Many people are currently invested in silver, and these individuals must constantly know the current silver prices. Undoubtedly, failure to keep up with this information can result in large losses. Prices on this precious metal can change at any moment, and the current price is unlikely to remain so for too long. Someone who pays close attention to the value can make a trade and profit wildly at the most opportune moment. Unfortunately, others will miss out on such an opportunity and could even lose money. Various sites and resources keep constant track of the current silver prices, and these resources must be utilized regularly. Nobody should risk their investment by simply failing to keep track of the prices.
What is exponential depletion of resources What is peaked depletion of resources What are the economic consequences of both models?
Exponential depletion of resources is a steady depletion of resources. This can cause slow raising prices for these resources. A peaked depletion of resources is a sudden depletion of resources that causes an extreme price raise.
In a market economy income is primarily determined by?
the quantities and prices of the resources that households supply.
What kind of prices represent the average car auction prices?
According to the auto auctioneer, car shoppers should avoid auto auctions as the average car auction price is much higher than it should be as auctioneers represent the sellers and are paid to sell.
