The laissez-faire free-market system is
A) an ideal of perfection.
B) one that leaves no room for improvement.
C) unmatched by any other system for allocative efficiency.
D) All of the responses are correct.
Correct Answer:
Verified
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Q224: To efficiently manage traffic on a system
Q225: An efficient solution to a pricing problem
A)makes
Q226: Higher prices may serve the public interest
Q228: Economics can decide
A)the appropriate trade-off between fairness
Q229: Free-market economies have led to
A)high growth rates
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