The market efficiently allocates scarce resource among alternative end – McqOptions

MCQOPTIONS

1.	The market efficiently allocates scarce resource among alternative ends such that ?
A.	consumers receive goods for which they are willing to pay
B.	- Production resources hire out to maximize income)
C.	I- the market determines available labor and capital
D.	- the market distributes income among rich individuals
Answer» B. - Production resources hire out to maximize income)

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