Home » Classroom » JAMB Economics 1999 Question

The main function of price in the economic syst... - JAMB Economics 1999 Question

The main function of price in the economic system is to?

A
allocate scarce resources among competing uses
B
ensure equitable distribution of income and wealth
C
determine the demand for and the supply of goods and services
D
remove all the constraints on production of goods and services
Ask EduPadi AI for a Detailed Answer
Correct Option: A
Please share this, thanks:

#JAMB #JAMB

Add your answer

Notice: Please post responsibly.

No responses