16. An increase in the price ofbeefprovides a.information that tell~ consumers to buy more beef. information that
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16. An increase in the price ofbeefprovides a.information that tell~ consumers to buy more beef.
information that tells consumers to buy less pork.
information that tells producers to produce more beef.
no information because prices in a market system are managed by planning boards.
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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
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