The statement,"price distributes goods and services to those that value them the most" refers to the ______ function of price.
A)allocative
B)multiplicative
C)store of value
D)rationing

Name: The statement,"price distributes goods and services to those that value them the most" refers to the ______ function of price. A)allocative B)multiplicative C)store of value D)rationing
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Question

Quizplus · Accepted Answer

The rationing function of price distributes scarce goods to those who value them most highly.

The Statement,"price Distributes Goods and Services to Those That Value