For private goods allocated in markets, a) prices guide the decisions of buyers and sellers and these decisions lead to an efficient allocation of resources. b) prices guide the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources. c) government guides the decisions of buyers and sellers and these decisions lead to an efficient the allocation of resources. d) the government guides the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources.

For private goods allocated in markets, a) prices guide the decisions of buyers and sellers and these decisions lead to an efficient allocation of resources. b) prices guide the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources. c) government guides the decisions of buyers and sellers and these decisions lead to an efficient the allocation of resources. d) the government guides the decisions of buyers and sellers and these decisions lead to an inefficient allocation of resources.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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