--%>

Define the term Prices in prices and markets

Prices are: (w) used to ration free goods and resources. (x) zero for several scarce goods and resources. (y) the merely efficient way to assign luxury goods. (z) one mechanism for rationing scarce goods and resources.

Hello guys I want your recommendation. Please suggest some views for above economics problem of prices.

   Related Questions in Public Economics

  • Q : Value of the best foregone alternative

    The value of the best foregone alternative explains: (w) opportunity costs. (x) monetary costs. (y) irrational behavior through a consumer. (z) retail price margins over production costs. How can I solve my above e

  • Q : Combination of land People who seek

    People who seek gains and bear risks and improbability while they combine land, capital and labor in productive ways is: (i) socialists. (ii) sole proprietors. (iii) professional managers. (iv) entrepreneurs. (v) bureaucratic capitalists.

  • Q : Uses of positive economic analysis Hey

    Hey friends I need your help for given problem: Positive economic analysis would be least helpful like a guide to how a society can decrease: (w) specific criminal behavior from punishment. (x) inequality within th

  • Q : Define the inflation most influences

    Please help me to solve the problem of Prices that is given below: Inflation most influences: (i) absolute prices. (ii) subjective values. (iii) relative prices. (iv) objective prices. (v) tax rate

  • Q : Economic problem of increase employment

    I need a good answer on the topic of Economic problems. Please give me your suggestion that the concept that restricting steel imports will increase employment within the steel industry that is a: (w) normative argument. (x) Positive argument, since the idea can be te

  • Q : Fee-simple private property rights I

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. “Fee-simple” private property rights permit you to: (1) Shoot trespassers who are on your land with no permission. (2) Refuse to

  • Q : Opportunity or alternative costs when

    Can two ever live as inexpensively as one? What is the opportunity or alternative costs when marrying someone you love?

  • Q : Explain the view of economist land to

    What is an economist describe “land” to encompass: (1) Such enhancements to natural resources as sidewalks and utility lines. (2) the productive muscle of the economy. (3) all equipment and machinery. (4) any type of additions to the econo

  • Q : Economic goals of all economic activity

    Adam Smith believed about the ultimate suitable objective of all economic activity is to maximizing: (w) wealth and power of the national government. (x) satisfaction of individuals by giving people along with the goods they want. (y) employment oppor

  • Q : Existence of scarcity for human survival

    Please help me to solve the problem of scarcity that is given below: Why is Scarcity existed for human: (1) survival requires unlimited resources, (2) needs are enormous relative to the means obtainable to satisfy