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In a Market-Directed System

Question 55

Multiple Choice

In a market-directed system:


A) the emphasis lies in optimizing the rate of production.
B) the government decides what products should be produced to meet the people's needs.
C) firms do not rely on customer satisfaction as it is impossible to measure.
D) customer satisfaction has very little importance.
E) it is up to each customer to decide how effectively individual firms satisfy his or her needs.

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