The Key Signals That Send Messages to Buyers and Sellers

question 203

Multiple Choice

The key signals that send messages to buyers and sellers to buy or not to buy or to sell or not to sell are, all other things unchanged:

• A) prices.
• B) preferences.
• C) government mandates.
• D) expectations.

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Definitions:

Products or Services

Refers to the goods that are manufactured and sold or the tasks that are performed by a business in exchange for money.

Individual

Refers to a single human being as separate from a group, class, or family.

Organization

An entity comprising multiple people, such as an institution or an association, that has a particular purpose.

1099

A series of IRS tax forms used to report various types of income other than wages, salaries, and tips.