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A Weakness of the Market System of Resource Allocation Is

Question 32

Multiple Choice

A weakness of the market system of resource allocation is that


A) such economies tend to be stagnant
B) most participants in such an economy have low standards of living
C) there are no limits on an individual's freedom of action
D) it does not address the problem of initial inequities in endowments
E) its participants are free to act according to their desires

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