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Which is the correct answer? How do price controls interfere with the efficient allocation of goods and services in a market economy? Question 16 options:
Which is the correct answer? How do price controls interfere with the efficient allocation of goods and services in a market economy? Question 16 options: Price controls increase efficiency in markets by sending clear signals to buyers and sellers, thus making the allocation of goods and services easier to facilitate. Price controls create artificially high or low prices for goods and services, which in turn cause disequilibrium in the market. Price controls work to enforce the market equilibrium price for goods and services. The government places price controls on goods and services that would otherwise defy the forces of supply and demand
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