The income distribution that results from the interplay between supply and demand in an economy is not necessarily fair or just.

Question

Quizplus · Accepted Answer

The market system can lead to income inequality, with some individuals or groups receiving more income than others based on their skills, education, or access to resources. This can result in a distribution of income that is not perceived as fair or just by some members of society.

The Income Distribution That Results from the Interplay Between Supply