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Doss [256]
3 years ago
10

Which of the following is correct?

Business
1 answer:
alexgriva [62]3 years ago
3 0

Answer:

The correct option is <em>b. Governments and markets complement each other, with each correcting the problems caused by the other, resulting in efficient outcomes.</em>

Explanation:

Yes, government and markets complement each other because Government at every level sets the rules and standards and uses its organs to maintain, regulate and control the market forces.Government can set-up <em>Price Regulating Boards </em>to control prices in <em>Unitary System of Government </em>while they allow the<em> Market Forces</em> <em>(Forces of Supply and Demand) to control the supply and demand of goods and services in</em><em> Free-Market Economies.</em>

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Read 2 more answers
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