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

Large firms being allowed to coerce other firms and individuals is not an implication of private property and freedom of choice in a market system. These principles aim to ensure voluntary and mutually beneficial transactions, not coercion.

Private Property and Freedom of Choice in a Market System