In a market economy, information about the quality or function of goods and services is a valuable
Question:
In a market economy, information about the quality or function of goods and services is a valuable good in its own right.
How does the private market provide this information? Can you think of any way in which the government plays a role in providing this information?
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In a market economy information about the quality or function of goods and services is indeed a valuable commodity as it enables consumers to make inf...View the full answer
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