The distribution of goods by the price system is distorted when

ECONOMICS
WAEC 1998

The distribution of goods by the price system is distorted when

  • A. there is a high degree of competition among producers
  • B. producers and consumers operate freely
  • C. factors of production are mobile
  • D. there is price control measure in the system

Correct Answer: D. there is price control measure in the system



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