Case Interview Prep

Answer: A - Among the advantages of the free-market economy is the open transmission of information between consumers and producers.

Key Takeaway: The free-market economy has a number of advantages that include open transmissions of information between consumers and producers and the absence of costly red tape bureaucracy. This type of economic system also possess built-in incentives for efficiency as producers aim to reduce costs and increase profits. Finally, a free-market economy allows competition amongst producers to a greater response to consumer wishes.