Many Persons Object to the Results of the Competitive Market

question 99

Multiple Choice

Many persons object to the results of the competitive market system because

• A)it takes too much energy to coordinate activities.
• B)efficient outcomes may not be compatible with their ideas of a fair distribution.
• C)a few people can control all economic activity.
• D)it fosters high rents and low beef prices.

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Definitions:

France

A country in Western Europe known for its rich history, culture, and contributions to art, philosophy, and science.

Saint Dymphna

Recognized as the patron saint of those suffering from mental illness, neurological disorders, or emotional distress, celebrated in Catholic and Orthodox traditions.

Public Hospitals

Healthcare facilities funded and operated by the government, providing medical services to the public usually at low or no cost.

Twentieth Century

A period in history that spans from the year 1901 to 2000, marked by significant advancements in technology, culture, and geopolitics.