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In a market economy, prices act as all of the following except which one?

In a market economy, prices act as all of the following except which one?

A.

Signals to consumers about costs

B.

Signals to producers about consumer preferences

C.

A substitute for barter

D.

A means of allocating scarce resources

CIMA BA1 Summary

  • Vendor: CIMA
  • Product: BA1
  • Update on: Jul 28, 2025
  • Questions: 468
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