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Sublight2097 Sublight2097
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8 years ago
Competitive offers to buy and sell resources establish money prices, which reflect relative scarcities
A) in all economic systems.
B) in any economic system where efficiency is important.
C) only when there are no sunk costs to be recovered.
D) when resources are privately owned.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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8 years ago
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Sublight2097 Author
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8 years ago
Seriously, you've been tremendously helpful! Thank you.
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8 years ago
Another success story!

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