A free market exists
a. when the government places significant restrictions on how a good or a service can be produced or sold or on how a factor of production can be employed.
b. only in fiction. there are no markets or economies which even come close to approaching the status of a free market.
c. when the government places few restrictions on how a good or a service can be produced or sold or on how a factor of production can be employed.
d. when the government places absolutely no restrictions on how a good or a service can be produced or sold or on how a factor of production can be employed.
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