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The price system is

The price system is
  • A.
    the market price of commodities
  • B.
    a market where a single price rules
  • C.
    a system of price allocation to the products of the same firm
  • D.
    a system of resource allocation through supply and demand interaction
  • E.
    a system which the market price is determined only through haggling
Correct Answer: Option D
Explanation