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In a Free Market,the Price System Determines How Society's Output

Question 45

Multiple Choice

In a free market,the price system determines how society's output is distributed by


A) ensuring that low income people can buy all the necessities for living.
B) providing goods for those willing and able to pay at least the equilibrium price.
C) determining each person's income in the labor market according to the tax rate imposed by the state.
D) allowing all those who desire a commodity to buy it.
E) ensuring that each commodity is produced by the most efficient technique.

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