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Question
11 multiple choice 2 points which of these is a characteristic of a market economy? limited business rights competition between businesses government control and ownership of property nationwide pricing rules for goods and services
In a market economy, businesses operate freely. Limited business rights go against this. Government control and ownership of property is more of a command - economy trait. Nationwide pricing rules for goods and services restrict market forces. Competition between businesses is a key aspect as it drives innovation, efficiency, and price - setting based on supply and demand.
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B. competition between businesses