Which of the Following Statements Is True About a Market

Multiple Choice

Which of the following statements is true about a market economy?

A) With a large enough computer, central planners could guide production more efficiently than markets.
B) Market participants act as if guided by an invisible hand to produce outcomes that maximise social welfare.
C) The strength of a market system is that it tends to distribute resources evenly across consumers.
D) Taxes help prices communicate costs and benefits to producers and consumers.