Multiple Choice
Which of the following statements is correct?
A) The operation of a market system eventually results in an equal distribution of income
B) Producers are "sovereign" in a market economy because they determine what is produced
C) The market system is efficient at allocating resources, but not at allocating products
D) Freedom of choice and enterprise are essential elements of the market system
Correct Answer:
Verified
Correct Answer:
Verified
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