In a pure market economy, who receives goods and services is determined by the:

Question

Quizplus · Accepted Answer

In a pure market economy, the distribution of goods and services is determined by individuals' ability to pay for them, which is typically derived from the income they earn by selling their labor or other resources in the market. This system is based on supply and demand principles, where prices adjust to equilibrate the quantity supplied by producers and the quantity demanded by consumers.

In a Pure Market Economy, Who Receives Goods and Services