Question

3. Why are many resources allocated through markets?

a. Because there are not enough resources to satisfy everyone's desires.
b. Because greedy people don't leave enough for others.
c. Because price is the best determinant of individual wealth.
d. Because resources are so abundant price can help us choose amongst them.

Answer 1

d. Because resources are so abundant price can help us choose amongst them.

Step-by-step explanation:

Different markets would value the same item at different prices, and buyers can compare prices to buy the desired item at its lowest cost (in order to save money)