What Is a Primary Function of Prices in a Market

question 149

Multiple Choice

What is a primary function of prices in a market economy?

• A) to provide participants with economic information
• B) to provide participants with spending limits
• C) to provide participants with accounting capabilities
• D) to provide participants with an equitable distribution of goods

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Definitions:

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking.

Cyberbullying

The use of electronic media (web pages, social networking sites, e-mail, Twitter, cell phones) to tease, harass, threaten, or humiliate someone.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, often for financial gain.

Cybercrime

Crimes committed via the Internet, including identity theft, embezzlement, fraud, sexual predation, and financial scams.