In Its Most Ideal Form, a Price System Allows

question 132

Multiple Choice

In its most ideal form, a price system allows

• A) firms to act in such a way that they eliminate scarcity.
• B) consumers to satisfy all their wants.
• C) resources to move from lower-valued uses to higher-valued uses through voluntary exchange.
• D) government policy makers to allocate resources to the uses which they consider to be in the best interests of society.