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Mocker
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Join Date: Jun 2003
Location: Harlem
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Oct 28th, 2003, 06:28 PM
Essentially, without a pricing system, the value of capital goods could not be accurately determined. Hence, without an accurate value - as dictated in a market economy by interaction of supply and demand - resources would not be as efficiently allocated.
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I have seen all things that are done under the sun; all is vanity and a chase after wind.
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