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The Efficiency of Competitive Markets Happens Because

Question 150

Multiple Choice

The efficiency of competitive markets happens because


A) of the benevolence of the butcher, the brewer, and the baker.
B) people make environmentally aware purchasing decisions.
C) prices adjust to make buying plans and selling plans compatible.
D) government organizes and monitors production.
E) the U.S. economy uses a command system to allocate resources within the competitive markets.

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