nataliesara246
Answered

how does a pure market economy answer the basic question of which goods and services should be produced?

A. The law of supply and demand drives this choice.
B. The government decides what should be produced
C. Consumers decide what should be produced.
D. Producers decide what should be produced.

Answer :

jkhan5025

Answer:

A.

Explanation:

Because if you have a specific amount of goods you need to keep up with the demand

glowenbabby

Answer:

In its purest form, a market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.

Other Questions