What type of economy is an economic system in which private business can operate freely with minimal state control

Five students—jalen, chris, juwan, jimmy, and ray—move into a house together and discover they share the odd habit of drinking milk with ice in it every night before bed. they own several ice trays and make a pact to always refill the trays when they are emptied so that the supply of ice will never run out. but the five often do not have the time or energy to refill the trays, and after a few weeks, it becomes quite common for them to meet in the kitchen and discover that they have no ice. this would best be characterized as what type of dilemma

Which of the above examples shows the most accurate cause and effect relationship? a. example a b. example b c. example c d. example d

Which type of market produces the highest level of output at the lowest price to consumers?