In a free market system, trading can only take place when the?

a

market is not working effectively

b

equilibrium price is attained

c

price of a commodity tends to attract consumers

d

consumers sovereignty is lacking

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Explanation

Correct Option
b

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Discussions (4)

sunnidio
12 years ago

correct answer B

Tendercadet
3 years ago

plz i go with A,the correct answer is A,cuz the marginal cost is equal to average cist and equal to price ,and thats the equilibrium price and quantity under perfect competition

jhoden
2 years ago

pls explain more further

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