Which of the Following Is Not a Function of Prices

question 101

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 equitable distribution of goods and services among consumers.

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Definitions:

Bargaining

A stage of grief or crisis during which an individual attempts to negotiate or make deals, often with a higher power, to postpone or alter an impending reality.

Hospice Patient

An individual receiving care focused on providing comfort and reducing pain and suffering in their final stage of a terminal illness.

Spirituality

The quality of being concerned with the human spirit or soul as opposed to material or physical things, often involving personal growth, a quest for meaning, or a connection with something greater.

Personal Control

The belief in an individual’s capacity to influence and direct their own environment and outcomes.