Well-functioning markets allow: (A) producers to reap greater benefits, since they have greater power in the market. (B) property rights to be unnecessary components of effective distribution. (C) consumers to gain at the expense of producers. (D) mutually beneficial trades to take place.

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Business

Music Man

16 November, 22:05

Well-functioning markets allow: (A) producers to reap greater benefits, since they have greater power in the market. (B) property rights to be unnecessary components of effective distribution. (C) consumers to gain at the expense of producers. (D) mutually beneficial trades to take place.

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Cheddar · Answer 1

The correct answer is letter "D": mutually beneficial trades to take place.

Explanation:

Markets are the places where buyers and sellers come together to satisfy their needs. Well-functioning markets are those that allow buyers and sellers to get to a fair agreement in the purchase of a good or service in terms of price, quality and the quantity of the products being exchanged.