Answer:
>>>Producers make a greater profit when the retail price of an item is lowered.
Explanation:
Which of the following is not an example of one of the four main advantages of prices in a free market economy?
The price of an item is low, so consumers see it as a signal to buy the item.
>>>Producers make a greater profit when the retail price of an item is lowered.
Consumers are willing to pay a higher price for a good, so producers manufacture more of the good.
The price of a good can be quickly increased in response to excess demand.
