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6. Describe a market system without government intervention. In your response, be sure to define markets, the law of supply, the law of demand, and
6. Describe a market system without government intervention. In your response, be sure to define markets, the law of supply, the law of demand, and market equilibrium. Be sure as well to explain how, according to some economists, "regulating markets dulls the mechanism by which markets 'heal' themselves." Develop your answer through words and, if possible (but not required), a fully labeled graph.
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