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When discussing price, supply and demand is a natural way to reach the most efficient answer. Alternatively, price fixing, results in market failure.
by jteppinette 4y ago
When discussing price, supply and demand is a natural way to reach the most efficient answer. Alternatively, price fixing, results in market failure.
- orwin 4y agoThis isn't really true in the real world, but even if it were, here GP is talking about limiting supply and not price fixing.