| Prices determine how resources are to
be used. They are also the means by which products and services that are in
limited supply are rationed among buyers. The price system of the United States
is a very complex network composed of the prices of all the products bought and
sold in the economy as well as those of a myriad of services, including labor,
professional, transportation, and public-utility services. The
interrelationships of all these prices make up the "system" of prices. The price
of any particular product or service is linked to a broad, complicated system of
prices in which everything seems to depend more or less upon everything
else. If one were to ask a group of randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product or service o A. The Inherent Weaknesses of the Price System B. The Complexities of the Price System C. Credit Terms in Transactions D. Resource Allocation and the Public Sector [单项选择]Prices determine how resources are to be used. They are also the means by which products and services that are in limited supply are rationed among buyers. The price system of the United States is a very complex network composed of the prices of all the products bought and sold in the economy as well as those of a myriad of services, including labor, professional, transportation, and public-utility services. The interrelationships of all these prices make up the "system" of prices. The price of any particular product or service is linked to a broad, complicated system of prices in which everything seems to depend more or less upon everything else.
If one were to ask a group of randomly selected individuals to define "price", many would reply that price is an amount of money paid by the buyer to the seller of a product or service or, in other words, that price is the money value of a product or service as agreed upon in a market transaction. This definition is, of course, valid as A. labor and education B. transportation and insurance C. utilities and repairs D. products and services 我来回答: 提交
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