Private property and freedom of choice in a market system have the following implications, except
A) individuals are free to take on the ﬁnancial risks involved in a business.
B) trades that take place in the economy are mutually agreeable transactions among individuals.
C) economic agents can act in their own self-interest.
D) large ﬁrms are allowed to coerce other ﬁrms and individuals.

Question

Quizplus · Accepted Answer

The other three implications listed are core features of a market system, but allowing large firms to coerce others would violate the principles of private property and freedom of choice. Therefore, option D is the exception.

Private Property and Freedom of Choice in a Market System