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History, 10.10.2019 07:50 misstaejailicious200

Which of the following is not an example of one of the four main advantages of prices in a free market economy? the price of an item is low, so consumers see it as a signal to buy the item. producers make a greater profit when the retail price of an item is lowered. the price of a good can be quickly increased in response to excess demand. consumers are willing to pay a higher price for a good, so producers manufacture more of the good.

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