1.

The market efficiently allocates scarce resource among alternative ends such that ?_x005F_x000D_I- consumers receive goods for which they are willing to pay_x005F_x000D_II- Production resources hire out to maximize income)_x005F_x000D_III- the market determines available labor and capital_x005F_x000D_IV- the market distributes income among rich individuals

A. III and IV only
B. II and III only
C. I, II and III only
D. I, II, III and IV
Answer» E.


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