Because prices serve as signals, increases indicate that producers should do which of the following: A) Lay off workers B) Produce less of a particular item C) Produce more of a particular item D) Redirect

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asked Apr 10, 2021 161k views

2 votes

Because prices serve as signals, increases indicate that producers should do which of the following:

A) Lay off workers
B) Produce less of a particular item
C) Produce more of a particular item
D) Redirect resources to produce a different item

Geography
college

Martijn Hiemstra asked

by Martijn Hiemstra

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2 Answers

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C) Produce more of a particular item - correct choice

Radoslav Yordanov answered Apr 11, 2021

by Radoslav Yordanov

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4 votes

Answer:

Step-by-step explanation:

Satyaki answered Apr 16, 2021

by Satyaki

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