I’m pretty sure it’s a market economy :)
<span>The answer to this question is Economic
Relationships. Karl Marx is a philosopher, economist, and political theorist
who developed the concept of relations of production. Capitalist mode of
production is also known as the Marxist theory. According to Karl Marx,
relations of productions refers to the relationship to the capitalists and by
the workers. </span>
The
correct option is C.
When
governments may step in to resolve the market failure, the allocation of goods
and services by a modern mixed economy is not efficient.
<span>Because
they think that there assistance by putting legal maximum price that is price
ceiling, and legal minimum price that is price floor, will be helpful but
instead of this these prices just caused damage to individuals.</span>
