alleryMatch Hayek view: 1. Price: p. Knowledge 2. Info: q. Dispersed 3. Order: r. Market
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Friedrich Hayek stressed that the division of knowledge in markets allows dispersed individual information to be coordinated via prices.
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