The Guiding Function of Price Is

question 48

Multiple Choice

The guiding function of price is

• A)the movement of price to clear the market of any shortages or surpluses.
• B)the use of price as a signal to guide government on the use of market subsidies.
• C)a long-run function resulting in the movement of resources into or out of markets.
• D)the movement of price as a result of changes in the demand for a product.

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Definitions:

Fake-Good

The phenomenon where individuals present themselves in an unrealistically positive manner, especially in the context of psychological assessments or therapy.

Adolescent Substance Abuse

Refers to the use of drugs, alcohol, or other substances in harmful amounts by teens and young adults.

SASSI

Substance Abuse Subtle Screening Inventory, a tool used to detect substance dependency and abuse in individuals, often without their explicit awareness of the test's purpose.

Pregnant Women

refers to females in the state of carrying a developing fetus within their womb.