You need to log-in or subscribe in order to use Student access.

2.2 Review Questions

Unit 2.2 - Review QuestionsTo test your understanding of this topic (The role of markets in allocating resources), have a go at answering the following review questions.Define the term market system.Explain how a market system works (refer to the following terms in your answer: buyers, sellers, allocation of scarce resources, market equilibrium, and market disequilibrium).What are the three key questions asked about...

To access the contents of this site, you must subscribe.