Business, 14.02.2020 19:14, kleathers97

The market mechanism:

a. Is not a very efficient means of communicating consumer demand to the producers of goods and services.
b. Works through central planning by government.
c. Eliminates market failures created by government.
d. Works because prices serve as a means of communication between consumers and producers..

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The market mechanism:

a. Is not a very efficient means of communicating consumer demand...