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    Principles of Microeconomics
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    Exam 12: General Equilibrium and the Efficiency of Perfect Competition
  5. Question
    Freely Functioning Markets
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Freely Functioning Markets

Question 17

Question 17

Multiple Choice

Freely functioning markets


A) always produce an efficient allocation of resources.
B) may be unfair due to significant income disparities that result.
C) have no need for government intervention.
D) All of the above are correct.

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