Prices
A)solve the problem of distribution of products among consumers.
B)act as rationing devices.
C)under laissez faire produce an efficient allocation of resources.
D)do all of the above.

Question

Quizplus · Accepted Answer

Prices serve multiple functions in an economy, including resolving the distribution of goods among consumers, acting as a rationing device when demand exceeds supply, and guiding the efficient allocation of resources in a free market system. Therefore, the best choice is D as it incorporates all of these important aspects of the role of prices in an economy.