Chapter 8 Building Blocks in Economics the Problem of Choice - Part 3

What is one possible advantage of markets?

Type: MCQ • Marks: 1
What is one possible advantage of markets?
Options
A. Prices can provide information and incentives
B. Markets eliminate scarcity
C. Markets guarantee equal incomes
D. Markets remove all government functions
Explanation
Explanation: Price signals can guide consumers and producers in their choices.
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Class 9th Understanding Society India and Beyond, Part I

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