Why is trust such a fundamental requirement for a market system to work effectively?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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Question Posted: Apr 26, 2024 02:01 AM

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Why is trust such a fundamental requirement for a market system to work effectively?

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Trust is crucial for a market system to function effectively for several reasons Reduces Transaction ...View the full answer

Economics

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