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Economics (AS & A Level) · May / June 2025 · Paper 11 · Question 6

9708The interaction of demand and supply

What is not a function of the price mechanism?

  1. Ato act as a signal to firms when allocating resources
  2. Bto maximise consumer surplus
  3. Cto provide an incentive to firms to produce goods
  4. Dto ration scarce resources

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Correct answer: B. to maximise consumer surplus

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