3 years ago

The rationing function of prices means that

Business

1 answer:

sergeinik [125]3 years ago

7 0

Answer:

A) buyers and sellers synchronize their decisions through the price system

Explanation:

Buyers are affected by the price mechanism and generally demand less at higher prices while sellers offer more when the price is higher. This provides a rationing mechanism that is not controlled by a central authority.

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<u>Answer and Explanation:</u>

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