Due to the war in Ukraine, natural gas prices are expected to increase rapidly in Europe this winter. Which role of prices will European consumers experience in this market? The rationing role which states that as prices rise, only those buyers most willing and able to pay will be able to keep their homes as warm as they desire. The resource directly role which states that as prices rise, suppliers of natural gas from other nations will attempt to increase production to sell to Europeans. The information role that teaches us how rising prices conveys a message that prices were below equilibrium right before they began to rise. The rationing role of prices which discriminates based on the consumer income, wealth and other factors that influence consumption. All of the above.

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