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2 votes
What type of economic system exists when individuals answer the three basic economic questions?

A.mixed
B.market
C.command
D.traditional

1 Answer

3 votes
I believe the correct answer from the choices listed above is option B. It is market economy that exists when individuals answer the three basic economic questions. It is an economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses.
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User Aaron Franco
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