Solution Found!

Describe the role of prices in market economies

Chapter 4, Problem Questions for Review 4.9

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Describe the role of prices in market economies.

Questions & Answers

QUESTION:

Describe the role of prices in market economies.

ANSWER:

Step 1 of 2

The market is described as the place where buyers and sellers meet to strike a deal about the quantity and prices of goods and services that have to be bought and sold.

Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back