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Which of the following observations is true? a. The market system encourages firms to use inputs wastefully. b. Free markets will achieve all of society's
Which of the following observations is true?
a.
The market system encourages firms to use inputs wastefully.
b.
Free markets will achieve all of society's goals.
c.
The market leads to efficiency in production through the profit motive.
d.
The ability to buy goods is divided equally among consumers.
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