asked 233k views
1 vote
Individual producers or nations choose the type, quality and quantity of what they produce based on market demand

A. True
B. False

asked
User Rleir
by
7.4k points

1 Answer

4 votes

Answer: True

Step-by-step explanation:

Market demand is the best reference point for producers/sellers to know the quality and amount of a product to produce. If a certain quality of product is in demand, the sellers would need to supply more amount of that particular product quality to the market.

answered
User Quapka
by
8.3k points

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