Which of the Following Statements About Markets Is Most Accurate

question 87

Multiple Choice

Which of the following statements about markets is most accurate?

• A)Markets are usually a good way to organize economic activity.
• B)Markets are usually inferior to central planning as a way to organize economic activity.
• C)Markets fail and are therefore not an acceptable way to organize economic activity.
• D)Markets are a good way to organize economic activity in developed nations,but not in less developed nations.