In a market economy, the patterns of resource allocation are most directly influenced by ________.

Question

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In a market economy, consumers have the power to influence patterns of resource allocation through their personal decision to buy or not buy products. This is because in a market economy, businesses respond to demand from consumers and adjust their production and resource allocation accordingly. Therefore, the choices made by consumers ultimately determine which goods and services are produced and how resources are allocated.

In a Market Economy, the Patterns of Resource Allocation Are