Answered

IDNLearn.com provides a collaborative environment for finding and sharing knowledge. Whether your question is simple or complex, our community is here to provide detailed and trustworthy answers quickly and effectively.

Which market characteristic could best be described as market participants focusing production on a selection of goods and services

Sagot :

Parrainidn

Answer: c. Self-Interest.

Explanation:

Self interest is a characteristic of the market economic system that explains that market participants act in their self interest. Transactions they engage in are meant to bring the maximum benefits to them.

They will therefore focus on producing a selection of goods and services if those goods and services are the ones that will give them the greatest benefit.

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.