Which of the Following Statements About the Price System Is

Multiple Choice

Which of the following statements about the price system is most accurate? The price system

A) is automatic and functions perfectly in reallocating economic resources.
B) is automatic,although it does not function perfectly.
C) depends on planned coordination between firms and governments.
D) operates only in a laissez-faire economy.
E) is the only feasible method of allocating resources.