If a member of the Porcelain Enamel Association agrees to produce a certain type of enamel according to the trade association's specifications that member can be sued if he or she cuts corners and evades those standards.
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Q4: Markets always produce efficient outcomes.
Q5: Government makes a market economy possible.
Q6: During the 1970s and early 1980s, inflation
Q7: A devastating form of market failure that
Q8: An individual who owns his or her
Q10: A prerequisite for a market economy is
Q11: Many market standards are developed by private-sector
Q12: Many sectors of agriculture receive federal subsidies.
Q13: An effective market economy requires government rules
Q14: When the national government uses its powers
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