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In Economics / Senior High School | 2025-05-16

Who makes economic decisions in a market economy?
A. The king or president
B. Only large companies
C. Individual consumers and producers
D. Foreign investors

Asked by jonasmerendilla5705

Answer (1)

The correct answer is letter C. In a market economy, economic decisions like what to buy, what to produce, and how much to sell are made by individuals and businesses, not by the government.

Answered by MaximoRykei | 2025-05-17