In a market economy, the willingness and ability of buyers to purchase goods and services helps to:

Question

Quizplus · Accepted Answer

In a market economy, the willingness and ability of buyers to purchase goods and services influence the prices of those goods and services, determine who gets them, and decide what will be produced and in what quantities. This is because market economies rely on supply and demand to set prices and allocate resources.

In a Market Economy, the Willingness and Ability of Buyers