Private goods can be efficiently provided by
A: prices.
B: competitive markets
C: supply and demand.
D: all of the above.
A: prices.
B: competitive markets
C: supply and demand.
D: all of the above.
举一反三
- Free markets allocate (a) the supply of goods to the buyers who value them most highly and (b) the demand for goods to the sellers who can produce them at least cost.
- In a commodity economy, the relationship among value, price, supply and demand is ( ) A: Prices are influenced by supply and demand and fluctuate around value B: Price is determined by value, reflecting value but not supply and demand C: Price is affected by value and changes with supply and demand D: Price is determined by value, reflecting value and supply and demand E: Price is determined by value, and affected by supply and demand. It also restricts supply and demand
- At the beginning of the section “A Balancing Act,” the author says, “Many factors affect prices, but supply and demand top the list.” Give some examples to show how supply and demand affect prices.
- Prices of daily goods ___________ through a computer can be lower than store prices.
- 37. The first two sentences in the second paragraph clarity the idea to us that . A: producers can satisfy the consumers by mechanized production. B: consumers can express their demands through producers. C: producers decide the prices of products. D: supply and demand regulate prices.
