Which of the Following Functions Is Not Performed by Prices

question 240

Multiple Choice

Which of the following functions is not performed by prices in a free market?

• A)Guiding the allocation of resources
• B)Conveying information about the marginal cost of production
• C)Making the distribution of income more equitable
• D)Replacing the need for governmental supervision of production

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Definitions:

Vestibule

An entrance hall or other open area in a building used by the public, particularly the entrance hall in an anatomy context, such as the vestibule of the ear.

Uterus

A major female reproductive organ of most mammals, including humans, responsible for housing and nurturing the embryo/fetus during pregnancy.

Menstruation

A monthly process in which the lining of the uterus is shed through the vagina if fertilization has not occurred.

Almond-shaped

Refers to something that resembles the shape of an almond, often used to describe certain body parts, like the amygdala in the brain.