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15 December, 15:15

Which of the following could be considered an advantage of the price system?

a) The government benefits because the price system doesn't account for the cost of public goods.

b) The environment benefits because the price system doesn't account for the cost of externalities.

c) Markets benefit because the price system can be unstable.

d) Producers and consumers benefit because the price system provides incentives in the marketplace.

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  1. 15 December, 15:41
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    The environment benefits because the price system doesn't account for the cost of externalities.
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