Which of the following is inherent in the classical view of a self-adjusting economy?

Suppose it costs a farmer $1.00 to produce 1 unit of corn, $2.10 to produce 2 units of corn, and $3.30 to produce 3 units of corn. What's the average cost of producing 2 units of corn?

A) $1.00 B) $1.05 C) $1.10 D) $2.00 E) $2.10

Prices direct economic activity in a market economy by

a. influencing the actions of buyers and sellers. b. reducing scarcity of the goods and services produced. c. reducing opportunity cost of goods and services produced. d. allocating goods and services in the most equitable way.