The desire for goods and services is
A) created by a market economy
B) the ultimate explanation for all production
C) why it is so difficult to explain how our economy works
D) the cause of inflation
E) what causes the market wage for labor to continually increase

Question

Quizplus · Accepted Answer

The desire for goods and services is the ultimate explanation for all production because businesses produce goods and services to satisfy the desires and wants of consumers. Without consumer demand, production would have no purpose.

The Desire for Goods and Services Is