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How do prices act as signal?

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How do prices act as signal?

Posted by Jyotsna Rathore 4 years, 2 months ago

CBSE > Class 12 > Economics

1 answers

Aanya Jain 4 years, 2 months ago

Prices signal supply and demand When prices rise, it means less supply and more demand When prices fall, it means more supply and less demand

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