jazzyrnw02492
jazzyrnw02492 jazzyrnw02492
  • 13-01-2022
  • Social Studies
contestada

How does a business decide what to produce in a free market economy?

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williamsw3
williamsw3 williamsw3
  • 13-01-2022

Answer:

In a market economy, the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees. These decisions in a free-market economy are influenced by the pressures of competition, supply, and demand.

Explanation:

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