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Question: in a market system scarce goods are allocated through the...

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In a market system, scarce goods are allocated through the operation of O market prices that are determined by consumers and producers acting in their own self-interest O fixed prices that are determined by consumers and producers acting in the public interest. O estimated prices that are determined by consumers and producers acting in their own self-interest. O market prices that are determined by consumers and producers acting in the publics interest. In a command economy, scarce goods are allocated by O a government-appointed planning board based on the boards preferences. O an elected planning board based on the boards preferences. O an elected planning board based on the boards long-term priorities. O a government-appointed planning board based on the boards long-term priorities. < Prev 1 of 25 Next >
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