It is true that the distribution process carried out by the price system
A)accomplishes the task more efficiently than central planners would.
B)favors the rich.
C)is superior to other rationing mechanisms because it is able to pay attention to individual consumer preferences.
D)All of the above are true.

Question

Quizplus · Accepted Answer

The price system efficiently allocates resources by responding to consumer preferences and market signals, often more effectively than central planning. However, it can also favor those with more purchasing power, leading to inequalities.

It Is True That the Distribution Process Carried Out by the Price