Qualification > Commerce
cie economics paper 2 may june 2003 help
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xxemoxx:
theres a question in M/j 2003
explain the functions of price in a market economy ? (10 )
Apart from giving a brieft intro of market economy and the function of price as an allocative mechanism.., what else to be included for 10 marks?
thanks/.
ez2009:
That question requires you to describe the price mechanism and the four basic economic questions, Hope this solves your question :)
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