In free market (liassez-faire) system, the price mechanism dicates the production planning (how to produce) decisions. True or flase Free markets produces relatively high levels of efficiency but low rates of growth. True or Flase

In free market (liassez-faire) system, the price mechanism dicates the production planning (how to produce) decisions. True or flase Free markets produces relatively high levels of efficiency but low rates of growth. True or Flase

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter16: Economies In Transition

Section: Chapter Questions

Problem 8SQ

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In free market (liassez-faire) system, the price mechanism dicates the production planning (how to produce) decisions. True or flase

Free markets produces relatively high levels of efficiency but low rates of growth. True or Flase

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