Which of the Following Statements About the Way Markets Allocate

question 138

Multiple Choice

Which of the following statements about the way markets allocate resources is most accurate from society's perspective?

• A)The market always allocates resources in the best way.
• B)The market may not always allocate resources in a way that is in society's best interest.
• C)Resource allocation by markets may not be perfect,but it is always better than government allocation of resources.
• D)Markets always fail to allocate resources properly,so we must rely on the government to determine the proper use of our resources.

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Definitions:

Individuals

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Training

The process of teaching or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies.

Borg Scale

A numerical scale that measures perceived exertion or how hard you feel your body is working during physical activity.

Subjective Measure

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