An important function of the price system is to

olabisi2609

9 years ago

D ans is c

Vansilva

6 years ago

: What is the role and function of price in the economy? The price of goods plays a crucial role in determining an efficient distribution of resources in a market system. Price acts as a signal for shortages and surpluses which help firms and consumers respond to changing market conditions

Chuks612

9 years ago

The answer can't b D. I'm very sure of that

Futureqween3

9 years ago

thanks,correction has been made

EtomD

3 years ago

The answer to the question is C

elochuks

9 years ago

na wa oooo wrong ans

Chuks612

9 years ago

The price system is a method or component of an economic system that uses price to valuate the distribution of good, services and the factors of production and one of its function is to properly allocate scarce resources

Titilayo3491

9 years ago

d and is C not D myschool pls make some corrections

King icekid

9 years ago

C is the answer

kangel

4 months ago

yh