Which of the following is a key factor in the effectiveness of well-functioning markets?
A) outcomes that are equitable for consumers and producers
B) the role of the government to deliver economic signals to consumers and producers
C) a significant degree of government intervention to maximize efficiency
D) your right to use and dispose of your private property as you see fit

Question

Quizplus · Accepted Answer

The right to use and dispose of private property as one sees fit is fundamental to market efficiency, as it ensures that resources are allocated according to individual preferences and market signals, rather than through government intervention.

Which of the Following Is a Key Factor in the Effectiveness