The distribution process performed by the price system is not as efficient as the distribution process of central planners.

Question

Quizplus · Accepted Answer

The distribution process performed by the price system is generally considered more efficient than the distribution process of central planners. The price system allows for resources to be allocated based on supply and demand, while central planning can result in inefficiencies, information problems, and the allocation of resources to politically favored groups rather than based on market forces.

The Distribution Process Performed by the Price System Is Not