Chapter 6: Prices and Decision
"Prices and Decision Making"
You have already learned that prices are the signals that
help us make our economic decisions. You have also learned
that markets are more efficient when there are large numbers
of buyers and sellers and when the information about products
in the market is relatively good. All of this results in a
situation that results in more competitive prices and more
satisfied consumers! The World Wide Web is helping consumers
in this regard. For example, you can visit several bookstores
to check prices without ever leaving home.
Note: Clicking on the link above will launch a new browser
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Start at the Barnes and Noble Web site.