`npx <package>` does run project installed binaries, if they exist (node_modules/.bin/<package>). In that scenario it's equivalent to `yarn <package>`. Otherwis

`npx <package>` does run project installed binaries, if they exist (node_modules/.bin/<package>). In that scenario it's equivalent to `yarn <package>`. Otherwise yes it falls back to a global package, and a prompt to install if missing.