Ask Question
Social StudiesSocial Studies
28 August, 08:23

What message do high prices send to producers?

+1
Answers (1)
  1. 28 August, 09:57
    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?
Get an answer to your question ✅ “What message do high prices send to producers? ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What does the gdp, gross domestic product, measure? a. the amount of goods bought and sold within a country in a given year b. the amount of exported goods a country produces within a fiscal quarter c.
Answers (1)
How far inland is Teotihua'can from the Gulf of Mexico
Answers (1)
Jonathan and Cindy were watching a reality competition show where one of the judges appeared to be of Asian descent. Cindy said, "I hate it when they have foreign judges on these shows. You can't understand it when they speak.
Answers (1)
Ocean currents do not have a strong effect on Australia's climate. As a result, most of the continent is?
Answers (1)
using a scale of 1 to 9, rate yourself on the following human relation skills. a rating of 1 means a very low skill level, 5 means an average skill level, and 9 means a very high skill level.
Answers (1)
New Questions in Social Studies
In Santa Fe District v. Doe, the court ruled that student-led prayer at a school football game failed the "Lemon Test" because it was "too entangled." What does this mean? A.
Answers (2)
How did Egypts geography affect its farming methods
Answers (1)
Ashley tells you that her church is racially mixed because even though 85 percent of the attendees are white, individuals from all racial backgrounds are welcome and encouraged to attend.
Answers (1)
How did Alexander the Great contribute to globalization? He was a trader who brought Chinese goods to Greece He explored Egypt. He spread western culture as he conquered eastern land. He colonized the Middle East
Answers (2)
In the Russian monument of the founder of Moscow, which hand is he holding out to the side?
Answers (2)
Home » Social Studies » What message do high prices send to producers?
Sign Up Forgot Password?