Scenario: Learning the American Way

Multiple Choice

Scenario: Learning the American Way
Sergei Chernovl is a Russian exchange student.To learn more about how a market economy functions,Sergei is conducting research comparing businesses in Russia with businesses in the United States.
-Sergei finds out that prices in a market economy are determined by the interplay of ________.

A) government and labor
B) labor and management
C) demand and prices
D) supply and demand