Question

Which determines the answers to the basic economic questions in a mixed economy?

A. Cultural traditions

B. Consumer Preferences

C. Take rates and the cost of resources

D. Market forces and government interests

Answer 1

I agree with the other person it is B

Answer 2

b

Step-by-step explanation:

Consumer preferences are defined as the subjective (individual) tastes, as measured by utility, of various bundles of goods. They permit the consumer to rank these bundles of goods according to the levels of utility they give the consumer. Note that preferences are independent of income and prices.