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The main function of price mechanism is to?
Classroom
Economics Classroom
Jamb
Jamb 1986
The Theory Of Price Determination
Functions Of The Price System
More Topics
The main function of price mechanism is to?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Limit consumer demand
B
Enable producers make profit
C
Allocate scarce resources among competing ends
D
Ensure consumer sovereignty
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Study Subjects
Accounts - Principles of Accounts
Animal Husbandry
Aptitude Test
Agricultural Science
Arabic
Auto Mechanics
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Block laying, bricklaying, and concreting work
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