Economics: Principles, Problems, and Policies, 19th Edition

Published by McGraw-Hill Education
ISBN 10: 0073511447
ISBN 13: 978-0-07351-144-3

Chapter 2 - The Market System and the Circular Flow - Questions - Page 44: 11

Answer

markets have to be organized, in order for businesses to understand which market to go for, and in order for their companies to continue to expand and grow.

Work Step by Step

The reason why millions of economic resources tend to get arranged in a orderly fashion is because there is a system. If there is a higher profit in that market, we can see businesses grow and bank on that market for more steady growth; there would be too much of a risk, if all resources were given out with no thought process of what that could cost for the market.
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