The main function of price in the economic system is to?

The main function of price in the economic system is to?
  • A.
    allocate scarce resources among competing uses
  • B.
    ensure equitable distribution of income and wealth
  • C.
    determine the demand for and the supply of goods and services
  • D.
    remove all the constraints on production of goods and services
Correct Answer: Option A
Explanation
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