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The Statement,"price Directs Resources Across Different Sectors of the Economy

question 87

Multiple Choice

The statement,"price directs resources across different sectors of the economy" refers to the ______ function of price.


Definitions:

Self-awareness

The awareness of one's own personality, emotions, motivations, and wishes.

Sensory Receptor

A specialized structure that responds to environmental stimuli by conveying signals to sensory nerves.

Action Potentials

Electrical impulses in neurons or muscle cells that occur when the membrane potential of a cell rapidly rises and falls.

Receptor Potentials

The electrical potential changes occurring in sensory neurons’ receptors in response to stimulating agents, leading to the generation of action potentials.

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