Question

Which of these is NOT a Principle of Economic Interactions?

A. Trade can be mutually beneficial.
B. Markets are usually a good way of coordinating trade.
C. Govt can potentially improve market outcomes if there is a market failure or if the market outcome is inequitable.
D. People face tradeoffs

Answer 1

the answer is D

Step-by-step explanation:

The three principles concerning economic interactions are (1) trade can make everyone better off, (2) markets are usually a good way to organize economic activity; and (3) governments can sometimes improve market outcomes.

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