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The price system does have limitations, however. It does not accuratley assign the costs of externalities like pollution. Nor does it accuratley distibute the costs and benefits of public goods like national defense. In addition, the system's occasional instability can make it difficult for producers and consumers to predict prices and plan for the future.
What else can I help you with?
What are limitations of the price system?
Its failure to assign the costs of public goods to all consumers.
Limitations of decision support system?
limitations of dss
What are the limitations of muscles?
Muscular System!
What is the limitations of system approaches?
what is the limitation of social system approach
What are the key strengths and limitations of the psychiatric system?
what are the stengths and limitations of psychiatric classification systems
What are the strength and limitations of the psychiatric classification system?
what are the stengths and limitations of psychiatric classification systems
What is tha scope and limitations of sales and inventory system?
scope of sales system
Limitations of System Development Life Cycle?
rigidity
Limitations of price mechanism?
The price can only be so high. If it gets too high, people are not going to purchase the product, no matter what it is.
What is the future application and limitations of making payroll management system?
NO
What are the key strength of psychiatric classification system?
what are the stengths and limitations of psychiatric classification systems
Limitations of Library Management system Using visual studio2005?
there is no limitation.
