Question

Q10
What are the limitations of Market mechanism system​

Answer 1

Answer:

Thus interference in the information conveyed by prices is destructive to economic development if misapplied or overused. However, the market mechanism often cannot optimize for public goods, owing to problems such as the tragedy of the commons.

Answer 2

Answer:

Thus interference in the information conveyed by prices is destructive to economic development if misapplied or overused. However, the market mechanism often cannot optimize for public goods, owing to problems such as the tragedy of the commons..