Economics 2281 · O Level · The role of markets in allocating resources

The role of markets in allocating resources — practice question

Which is not one of the functions of prices in a market economy?

  • Aprices allow income to be distributed equally
  • Bprices ration scarce resources among economic agents
  • Cprices rise and fall to reflect shortages and surpluses
  • Dprices send information to consumers and producers

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