True/False
One of the drawbacks of free markets is the fact that competition in such markets undermines the ability of price to adjust to its equilibrium value in the long run.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Socialists believe that wealth should be more
Q2: Under the basic principle of supply, as
Q3: The major benefit of socialism is that
Q4: Demand refers to the quantity of a
Q6: Several years ago, the nation of Equalia
Q7: _ unemployment results when the demand for
Q8: When the government attempts to stabilize the
Q9: The study of how society chooses to
Q10: When the government runs a continual budget
Q11: Aubrey is the office manager of a