Multiple Choice
The decision about what goods and services will be produced in a market economy is made by
A) lawmakers in the government voting on what will be produced.
B) workers deciding to produce only what the boss says must be produced.
C) producers deciding what society wants most.
D) consumers and firms choosing which goods and services to buy or produce.
E) consumers dictating to firms what they need most.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Figure 1.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1.1
Q10: Mr.Peabody chooses to invest in companies that
Q11: What is the difference between an invention
Q12: Economic models do all of the following
Q13: Which of the following statements about economic
Q15: The town of Harmonia gives away all
Q16: The additional cost to a producer of
Q17: Figure 1.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1.1
Q18: In economics, the term _ refers to
Q19: Scenario 1-1<br>Suppose a cell phone manufacturer currently