Card 1 of 22
What does a price tell buyers about a good?
A
When resources make goods buyers value most highly, given production costs.
B
Worth to people in the market.
C
Buyers value the good highly.
D
How much it is wanted in the market.
Card 1 of 22
2.4.1 Price and distribution of resources Flashcards
22 flashcards on OCR GCSE Economics 2.4.1 Price and distribution of resources: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.