In a free market economy, the decisions concerning which goods and services to produce are primarily made by:
A) business and government consultation.
B) individual consumers.
C) the interaction of consumer wants and business concerns.
D) corporations and small businesses.

Question

Quizplus · Accepted Answer

In a free market economy, the production of goods and services is determined by the interaction of consumer demand and business supply, where prices are set by the market forces of supply and demand.

In a Free Market Economy, the Decisions Concerning Which Goods