Why is marketing essential to a free market economy? a. because it allows companies to compete against each other. b. because it is mandated by law in order to sell goods and services. c. because it uses advertising and promotions to educate the consumer about products. d. because historically all businesses have practiced it.

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?