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The distribution of goods by the price system is distorted when
Question 1
Report
The distribution of goods by the price system is distorted when
there is a high degree of competition among producers
producers and consumers operate freely
factors of production are mobile
no aalowance is made for social costs and social benefits
there is price control measure in the system
Answer Details
Read lesson note on Market Structure (JAMB)
Read lesson note on Economics As A Science (JAMB)
Market Structure
Economics As A Science
View Answer