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The main function of price mechanism is to ____________
Classroom
Economics Classroom
Post Utme
Post Utme 0
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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 profits
C
Allocate scarce resources among competing ends
D
Ensure consumer sovereignty
E
Achieve excess capacity
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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