Which of the following is not a function of prices in a market system?
A) Prices have the crucial job of balancing supply and demand.
B) Prices send signals to buyers and sellers to help them make rational economic decisions.
C) Prices coordinate economic activity.
D) Prices ensure an equitable distribution of goods and services among consumers.

Question

Quizplus · Accepted Answer

Prices do not ensure an equitable distribution of goods and services; they primarily reflect supply and demand dynamics and can lead to unequal distribution based on purchasing power.

Which of the Following Is Not a Function of Prices