O-LevelEconomicsThe allocation of resources2281/13 · Oct/Nov 2025 · Q41 Mark

What is not a function of prices in a market economy?

Aprices allow income to be distributed equally

Bprices ration scarce resources among economic agents

Cprices rise and fall to reflect shortages and surpluses

Dprices send information to consumers and producers

✓ Correct answer

A: prices allow income to be distributed equally

Oracle Prep sorts past-paper questions by topic, so you can drill The allocation of resources and see which topics are most likely to come up next.

Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2025 Paper 1 Variant 3, question 4.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content