It Is True That the Distribution Process Carried Out by the Price

question 96

Multiple Choice

It is true that the distribution process carried out by the price system

• A)accomplishes the task more efficiently than central planners would.
• B)favors the rich.
• C)is superior to other rationing mechanisms because it is able to pay attention to individual consumer preferences.
• D)All of the above are true.

---

Definitions:

Organizational Culture

The set of shared beliefs, values, customs, and practices that determines how a company's employees interact.

Resource Limitations

The constraints on the availability of resources including time, money, and materials, that can affect the achievement of goals.

Interorganizational Agreements

Formalized partnerships or agreements between two or more organizations to collaborate on specific projects or goals.

Status Quo

The existing state or condition of affairs, often used to describe a situation that remains unchanged.