Question

In a market economy, who decides what will be produced?

Question 7 options:

A)

Traditions

B)

Managers

C)

Government

D)

Consumers

Answer 1

D) Consumers

Why?: to get income from consumers, companies (and other associations) must provide what is useful for the people. Not only for profit, but what keeps society in order. To conclude, buyers are attracted to needs and things that are appealing and useful, so the market has to keep up with consumer trends to decide products.

Answer 2

Option D is correct