The price system rations goods among consumers in such a way that
A)all are treated equally.
B)all needs are satisfied.
C)the rich are favored.
D)important needs are satisfied first.

Question

Quizplus · Accepted Answer

The price system tends to favor those with more financial resources, as they can afford to pay higher prices for scarce goods, leading to an unequal distribution where the rich can access more or better resources.

The Price System Rations Goods Among Consumers in Such a Way