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Question #47487

The market efficiently allocates scarce resource among alternative ends such that ?

Options:

A) I- consumers receive goods for which they are willing to pay

B) II- Production resources hire out to maximize income)

C) III- the market determines available labor and capital

D) IV- the market distributes income among rich individuals

Answer: The market efficiently allocates scarce resource among alternative ends such that I- consumers receive goods for which they are willing to pay.

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