In order for a market economy to work, it is important that supply of a product must not be restricted by a producer. In other words, ________ must be banned.

Name: In order for a market economy to work, it is important that supply of a product must not be restricted by a producer. In other words, ________ must be banned.
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Question

Quizplus · Accepted Answer

Monopolies must be banned because they restrict supply by allowing a single producer to control the market, which can lead to higher prices and reduced innovation.

In Order for a Market Economy to Work, It Is