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 things listed here.

Question

Quizplus · Accepted Answer

Prices serve multiple purposes, including distributing products among consumers (as those willing to pay the most will purchase them), acting as a rationing device during times of scarcity, and under laissez-faire systems, prices allow for an efficient allocation of resources by directing them towards the most profitable and in-demand products or services. Therefore, all the options listed are correct.