How Does a Market System Prevent People from Getting as Many

question 196

Multiple Choice

How does a market system prevent people from getting as many goods and services as they wish?

• A)Governments interfere with the market mechanism to influence the allocation of goods and services.
• B)In a market system,firms can charge any price they want,thus preventing poor people from getting as many goods and services as they wish.
• C)The market system allocates goods and services to those who are able to pay for those products and therefore income is a limiting factor.
• D)The government imposes taxes on those who earn beyond a certain amount of income.