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Laurent Laurent
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6 years ago
The miracle of markets is that
A) markets coordinate smart choices of consumers and businesses without any role for government.
B) businesses are free to set any prices they choose.
C) consumers and businesses learn about each others' personal wants and production capabilities.
D) the products and services we want are produced as a byproduct of individual decisions made by complete strangers.
E) scarcity is eliminated by the interaction of demand and supply in markets with appropriate property rights.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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6 years ago
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Laurent Author
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5 years ago
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