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36. In a free market, prices lead to an efficient allocation of resources. In other words, A. consumers can buy unlimited amounts of any good they like at a price of their choice. B. resources are used in the most valuable and productive way according to the needs of consumers and producers. C. the government decides who controls natural resources. D. people who own resources are unable to bargain with people who wish to buy resources.
In a free market, prices lead to an efficient allocation of resources. In other words, resources are used in the most valuable and productive way according to the needs of consumers and producers.
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Asked 1/21/2014 10:16:20 PM
Updated 5/2/2018 3:04:45 PM
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In a free market, prices lead to an efficient allocation of resources. In other words, resources are used in the most valuable and productive way according to the needs of consumers and producers.
Added 5/2/2018 3:04:45 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [5/3/2018 9:42:37 AM]
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Updated 9/15/2014 12:28:50 PM
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Rationing is most likely to lead directly to a black market.

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