The market efficiently allocates scarce resource among alternative ends such that ?

Development Planning and Policy-making The State, And the Market 01/04/2021

I- consumers receive goods for which they are willing to pay
II- Production resources hire out to maximize income)
III- the market determines available labor and capital
IV- the market distributes income among rich individuals

A. III and IV only
B. II and III only
C. I, II and III only
D. I, II, III and IV

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