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The miracle of markets is that

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The miracle of markets is that

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

Edition: 2^nd

Author: Cohen

Read 85 times

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