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:

Paleolithic Art

Prehistoric art made during the Paleolithic era, characterized by cave paintings, engravings, and small sculptures, reflecting the earliest known human artistic achievements.

Findspot

Place where an artifact was found; provenance.

Scientific Analysis

The systematic examination and investigation of materials and substances using scientific methods and techniques to deduce properties or draw conclusions.

Stonehenge

An ancient prehistoric monument located in Wiltshire, England, famous for its circular arrangement of massive stones, believed to be used for ceremonial or astronomical purposes.