Ask Question
Social StudiesSocial Studies
12 July, 03:38

What message do high prices send to producers?

+2
Answers (1)
  1. 12 July, 04:27
    0
    Prices can act as a signal to both producers and consumers: - A high price tells producers that a product is in demand and they should make more. - A low price indicates to producers that a good is being overproduced. - A high price tells consumers to think about their purchases more carefully.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What message do high prices send to producers? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The thickest sedimentary deposits are found: near land around the equator in the middle of the ocean
Answers (2)
Two of your fellow students have conflicting views about the principal determinant of personality. John takes the view that personality is determined by unconscious conflicts. Joan asserts that personality is the outcome of learning processes.
Answers (1)
People who employ the interactionist perspective focus on the forces in society that promote competition and change
Answers (1)
What step did FDR take to make the nation's financial system more stable? A. He declared a bank holiday. B. He allowed banks to go out of business. C. He ended bimetallism. D. He proposed the Reconstruction Finance Corporation.
Answers (1)
What is a type of law that represents all of the laws that apply to a citizen?
Answers (1)
New Questions in Social Studies
A family unit consisting of a mother and father and their children is called a commune. a. True b. False
Answers (1)
Imagine a boy, whose needs for love and tenderness are not being met by his mother, and who is a catholic growing up in a prejudiced protestant farming community, and who has the pressures of a boy with homosexual feelings growing up in an
Answers (1)
What were the shared goals of the chinese exclusion act?
Answers (1)
The instincts, behaviors, and attitudes associated with being sexual are referred to as
Answers (1)
How does an open border affect trade from Canada to the United States
Answers (1)
Home » Social Studies » What message do high prices send to producers?
Sign Up Forgot Password?