susan2687 susan2687
  • 12-02-2021
  • Social Studies
contestada

A market economy places the greatest value on A.Government dependency B.Traditional customs C.Equality D.Economic choice

Respuesta :

adioabiola
adioabiola adioabiola
  • 13-02-2021

Answer:

D.Economic choice

Explanation:

A market economy places the greatest value on economic choice. It is an economy in which production and distribution of goods and services are determined by the forces of demand and supply.

In a market economy, the producer is profits oriented. Prices of goods are determined by the law of demand; that is, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Consumers have the freewill to choose the product they want

Answer Link

Otras preguntas

A word that means the same thing as consumer is
which unit would you use to measure the volume of a small cardboard box a cubic centimeters b grams c degrees d liters
7/12 divided by 3/4 is what?
A statement that can be tested and that can explains what you think will happen in an experiment
16 divided by 2.5 minus 3.2 multiplied by 0.043
Point H(9, 1) is reflected across the x-axis. Which statements about H' are true? Select each correct answer. The y-coordinate is −1. The y-coordinate is 1.
Help me plz I do not understand
he countries of Serbia and Montenegro, in the region called the Balkans, were historically unstable. Based on the map, what was another reason that tension in t
an ionic compound is typically made of a. two metals. b. two nonmetals. c. a metal and a nonmetal. d. none of the above.
substances produced during cellular respiration