In a market economy with no government intervention,the HOW to produce question is based on
A)Production costs alone.
B)Production costs plus environmental considerations.
C)Environmental considerations only.
D)Consumer demand.

Question

Quizplus · Accepted Answer

In a market economy with no government intervention, the decision on how to produce goods is primarily based on minimizing production costs to maximize profits. Environmental considerations or consumer demand specifically regarding production methods are secondary and are not the primary basis for the "how to produce" question in such a context.

In a Market Economy with No Government Intervention,the HOW to Produce