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Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
What is the definition of an Economic System?
The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.
What is the role of consumers and producers in a free-market system?
They make the economic decisions.
An economic system where decisions are made by producers and consumers are what?
Free-Market system
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
Who makes economic decisions in a free-market system?
Consumers and Producers.
What is the definition of an Economic System?
The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.
What is the role of consumers and producers in a free-market system?
They make the economic decisions.
An economic system where decisions are made by producers and consumers are what?
Free-Market system
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
What is the role of consumers and producers in free market?
C. They make the economic decisions
What is the role of consumers and producers in the market system?
C. They make the economic decisions
What is role of consumers and producers in a free-market system?
C. They make the economic decisions
What is the role of consumers and producers in a free-market system.?
C. They make the economic decisions
What is a role of consumers and producers in a free-market system?
C. They make the economic decisions
What is the role of consumers and producers in free-market system?
C. They make the economic decisions
