6. Evaluate and explain the following statements: LO2.2 a. The market system is a profit-and-loss system. b.
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6. Evaluate and explain the following statements: LO2.2
a. The market system is a profit-and-loss system.
b. Competition is the disciplinarian of the market economy.
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Related Book For 
Microeconomics Principles, Problems, And Policies
ISBN: 9781259915727
21st Edition
Authors: Campbell McConnell
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