Which of the following is true about a free market?
A) A true free market would deal with market imperfections.
B) The current situation of six major banks that are "too big to fail" is an example of destructive competition.
C) In economic systems,it is unlikely for natural monopolies to occur.
D) The free market in actual terms consists of commerce legally constrained by what is economically desirable and by what is socially desirable as well.
E) A true free market is a market free from any regulation.
Correct Answer:
Verified
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