Answered

IDNLearn.com is designed to help you find the answers you need quickly and easily. Find in-depth and accurate answers to all your questions from our knowledgeable and dedicated community members.

How does a pure market economy answer the basic question of which goods and services should be produced?

A. Consumers decide what should be produced.
B. The government decides what should be produced.
C. Producers decide what should be produced.
D. The law of supply and demand drives this choice.

Sagot :

GinnyAnsweridn

Final answer:

In a pure market economy, consumers determine what goods and services should be produced, guided by the law of supply and demand.


Explanation:

In a pure market economy, the answer to the basic question of which goods and services should be produced is that consumers decide what should be produced. This is driven by the law of supply and demand, where the choices are influenced by consumer preferences and purchasing power.


Learn more about Pure Market Economy here:

https://brainly.com/question/1788515


We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.