Price serves the function of ____ for goods, services, and financial resources.
A) distributor
B) determining factor
C) screener
D) quantifier
E) allocator

Question

Quizplus · Accepted Answer

Price serves as an allocator by determining how goods, services, and financial resources are distributed among various users. It allocates resources by signaling where they are most valued and needed based on willingness and ability to pay.

Price Serves the Function of ____ for Goods, Services, and Financial