Social Sciences, asked by zenulkazi005, 9 months ago

What areThe limitations of market mechanism system

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Answered by VIVEKPARIDA

2

Explanation:

(iii) Market forces lead to sometimes misallocation of present and future resources or at least to one which may not be in the best long-run social interest, as the process fails to take care of priorities. (iv) Market mechanism fails to provide a proper guideline for using appropriate material for selecting project.

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