How does price provide information that influences the behavior of consumers and producers in a market?

Price is the amount of money or compensation for a good or service. If a seller of a product or service possess a monopolistic power ( is the only one offering said product or service) that seller is a "price maker". When the price is set through the normal ( supply and demand) the price is thus set, and it is a situation of "price takers". Consumers and producers behaviour are normally influenced by these price settings.

Result 1 of 1 for Religion, morality, and knowledge, being necessary to good government and the happiness of mankind, schools and the means of education shall forever be encouraged. The utmost good faith shall be observed towards the Indians; their lands and property shall never be taken from them without their consent; and, in their property, rights, and liberty, they shall never be invaded or disturbed, unless in just and lawful wars authorized by Congress; but laws founded in justice and humanity, shall from time to time be made for preventing wrongs. Consider the passage above and your knowledge of U.S. history to complete the following: A. Use this passage to explain ONE way in which the Northwest Ordinance extended republican institutions into new territories. B. Explain ONE additional way not included in the passage that the Northwest Ordinance extended republican institutions into new territories. C. Briefly assess the impact of the Northwest Ordinance, by the end of the 18th century, on the conflict between American Indians and Europeans in the trans-Appalachian West.

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