Multiple Choice
Figure 9.1:
-Using Figure 9.1,assume point D represents the optimal mix of output.The market mechanism is likely to produce the mix of output represented by point:
A) C because the market mechanism tends to under produces public goods.
B) E because the market mechanism tends to under produces private goods.
C) D because the market mechanism is efficient.
D) A because full employment can never be reached.
Correct Answer:

Verified
Correct Answer:
Verified
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