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    Economics Principles and Policy Study Set 2
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    Exam 11: The Case for Free Markets: the Price System
  5. Question
    The Price Mechanism Solves the "For Whom" Problem by Assigning
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The Price Mechanism Solves the "For Whom" Problem by Assigning

Question 112

Question 112

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The price mechanism solves the "for whom" problem by assigning high prices to goods in high demand and letting customers choose whether to purchase them.

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