Question: Explain how a market economy compensates for a market surplus. What about a market shortage? How does the relate to laissez-faire. Explain how the market

Explain how a market economy compensates for a market surplus. What about a market shortage? How does the relate to laissez-faire. Explain how the market system works to answer the four fundamental economic questions. What are some factors that may cause the market system to not function effectively?

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