How do consumers' perceptions of value affect their purchasing decisions?
The Three Functions of Prices in a Market Economy

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Business
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11th Grade - University
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Hard
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1.
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2.
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In what way do prices help to allocate limited resources effectively?
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3.
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3 mins • 1 pt
What is the significance of the equilibrium price in a market?
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4.
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How do changes in prices indicate market equilibrium or disequilibrium?
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