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An economic system in which individuals and businesses make the decisions about what to produce and what to buy, and the market determines how much is sold and at what prices, is called a ____ economy.

1 Answer

3 votes

Answer:

free market economy

Step-by-step explanation:

in a free market economy business organisation determine what profitable goods and services to produce and the market determines the price to pay for such goods and services

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User Maxim Razin
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