Which is NOT a feature of the market economy?
A) It uses price signals to maximize social surplus.
B) It provides incentive to market participants to pursue self-interest.
C) It allocates resources to where they are best used.
D) It provides equity of income and consumption for market participants..

Question

Quizplus · Accepted Answer

The market economy does not provide equity of income and consumption for market participants. In fact, it often leads to income inequality as those with more resources and skills are able to earn higher incomes and consume more goods and services.

Which Is NOT a Feature of the Market Economy