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Home Q & A Board Other Fields Homework Help Business Economics
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whipped whipped
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6 years ago
Which of the following statements is true of market prices in a perfectly competitive market?
A) Market prices are determined by the government.
B) Market prices allow for efficient allocation of scarce resources.
C) Market prices are not stable and fluctuate widely.
D) Market prices do not act as incentives for buyers.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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6 years ago
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whipped Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
GeorgeNeist
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Yesterday
Thank you, thank you, thank you!
spaghetti
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2 hours ago
This site is awesome
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