The concept of freedom of choice applies only to buyers of goods and services, not to sellers.

Name: The concept of freedom of choice applies only to buyers of goods and services, not to sellers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The concept of freedom of choice applies to both buyers and sellers in a market economy. Sellers have the freedom to choose what goods and services to produce and sell, and buyers have the freedom to choose which goods and services to purchase or not purchase.

The Concept of Freedom of Choice Applies Only to Buyers