Answered

In a free market system, decisions about what and how much is produced are made by:

A. leading economists
B. consumers
C. the market consisting of buyers and sellers
D. the government in collaboration with producers



Answer :

GinnyAnswer

Final answer:

In a free market system, decisions about production are primarily made by the market comprising buyers and sellers, reflecting consumer choices and preferences.


Explanation:

In a free market system, decisions about what and how much is produced are made by the market consisting of buyers and sellers. In this system, consumers play a significant role in determining production based on their preferences and purchasing power. Producers adjust their outputs based on consumer demand, guiding the economy's allocation of resources.


Learn more about Market Economy Decisions here:

https://brainly.com/question/27941774


Other Questions