Economy, asked by pavithrakanth82, 3 months ago

What is a high price a signal for​

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Answered by Anonymous
0

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The higher price signals that you could make more money if you expand your business.

So, higher prices send a signal to buyers to reduce their consumption and a signal to sellers to increase their production. Both buyers and sellers have an economic incentive to do so.

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Answered by singhrinku54109
0

ANSWER: HOPE THIS WOULD BE HELPFUL.

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