In a market economy,those who are willing and able to buy what is produced
A)receives what the government allows them to receive.
B)receive the most of what is produced.
C)receive no more than everyone else in the market.
D)solely determine what is produced.

Question

Quizplus · Accepted Answer

In a market economy, the production of goods and services is based on the demand of the consumers. The producers aim to produce goods and services that will appeal to the consumers so that they will buy them. Thus, those who are willing and able to buy what is produced receive the most of what is produced. The market determines the prices of the goods and services, and those who are willing and able to pay the most for them are the ones who get them. Therefore, choice B is the correct answer.

In a Market Economy,those Who Are Willing and Able to Buy