Total "laissez-faire" is impossible because________________?
Correct answer: D. all of the above
- A. the market does not provide for satisfying public needs
- B. the market is not equitable favoring those with more resources
- C. the market makes no provision for protecting smaller participants
- D. all of the above
Explanation
A completely laissez-faire market may underprovide public goods, produce unequal outcomes, and fail to protect weaker participants from stronger ones. These three limitations support the inclusive answer, all of the above.
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