In a market economy, price allocates.The price of a product allocates the production of that product to those companies that can most efficiently produce that product.The price of a product also allocates the distribution of that product to those most willing and able to pay for that product.

The United States functions primarily as a market economy.Provide an example of a time when the market allocated a product away from you.Explain.Provide an example of a time when the market allocated a product to you.Explain.Provide an example of a time when the market allocated the production of a product away from a particular company.Explain.