A(n) ________ market is a non-legal market for regulated goods and services
A) open
B) closed
C) black
D) oligopoly
C
Economics
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Does inoculation against chicken pox have both private and external benefits?
What will be an ideal response?
Economics
Adam Smith argued that each person in a competitive market is led to promote the
A) efficient use of society's resources, because each person's intention is to make society better off. B) efficient use of society's resources, even though it is no person's intention to make society better off. C) inefficient use of society's resources, even though each person's intention is to make society better off. D) inefficient use of society's resources, because it is no person's intention to make society better off.
Economics