In a free market, the price of a good is equal to:
A) whatever a central planner deems the good to be worth.
B) the good's value when employed in its highest-valued use.
C) the good's value if employed in its next highest-valued use.
D) whatever the central planner deems the good to be worth plus a "reasonable markup."

Question

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The Answer of In a free market, the price of a good is equal to:
A) whatever a central planner deems the good to be worth.
B) the good's value when employed in its highest-valued use.
C) the good's value if employed in its next highest-valued use.
D) whatever the central planner deems the good to be worth plus a "reasonable markup."

In a Free Market, the Price of a Good Is