Interfering with the price mechanism violates a fundamental principle of the market economy.

Name: Interfering with the price mechanism violates a fundamental principle of the market economy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The price mechanism is a key feature of a market economy as it determines the allocation of resources and the supply and demand for goods and services. Interfering with it can distort market signals and lead to inefficiencies and market failures.

Interfering with the Price Mechanism Violates a Fundamental Principle of the Market