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lectur7-page40 - The market in capitalism is the rationing...

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40 40 Rationing Process What to Produce? Consumers Producers Distribution Financial Physical Organize Prodtn. Process Functions of Any Economic System Information Flows between consumers and producers Information Flows between consumers and producers These are the information flows between consumers and producers.
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Unformatted text preview: The market in capitalism is the rationing process. The market is where consumers and producers talk to each other and negotiate the prices for goods and services....
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