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Sale-Independent Signals Examples (2)

User Anvarik
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Final answer:

In economics, prices can serve as independent signals in the market. Examples of sale-independent signals include the price of apples and oranges, as well as the price of gasoline and movie tickets.

Step-by-step explanation:

Sale-Independent Signals Examples

In economics, prices can serve as signals in the market. These signals can be independent of each other, meaning that changes in one price do not affect the other. For example, the price of apples and the price of oranges can be considered as independent signals. If the price of apples goes up, it does not necessarily mean that the price of oranges will also go up.

Another example is the price of gasoline and the price of movie tickets. Changes in the price of gasoline do not directly impact the price of movie tickets.

Independent signals in the market allow for individual pricing decisions and competition.

User Steve Sheldon
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