Social Sciences, asked by janak53, 9 months ago

what are the limitations of market mechanism system

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Answers

Answered by himanshiahuja0285
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.

Explanation:

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Answered by devrukhkarvaishnavi2
1

Answer:

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

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