The Rationing Function of Prices Refers to The

Multiple Choice

The rationing function of prices refers to the:

A) tendency of supply and demand to shift in opposite directions.
B) fact that ration coupons are needed to alleviate wartime shortages of goods.
C) capacity of a competitive market to equate the quantity demanded and the quantity supplied.
D) ability of the market system to generate an equitable distribution of income.