Which of the Following Is Not a Function of Prices

question 82

Multiple Choice

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 equal distribution of goods and services among consumers.

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Definitions:

Alluvial Fan

A cone-shaped deposit of sediment crossed and built by stream flows from mountains.

Velocity

The speed of an object in a particular direction.

Stream Profile

A graphical representation describing the gradient or slope of a stream's bed or water surface over its course.

Position

A specific location or point in space.