susan2687 susan2687
  • 12-02-2021
  • Social Studies
contestada

A market economy places the greatest value on A.Government dependency B.Traditional customs C.Equality D.Economic choice

Respuesta :

adioabiola
adioabiola adioabiola
  • 13-02-2021

Answer:

D.Economic choice

Explanation:

A market economy places the greatest value on economic choice. It is an economy in which production and distribution of goods and services are determined by the forces of demand and supply.

In a market economy, the producer is profits oriented. Prices of goods are determined by the law of demand; that is, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Consumers have the freewill to choose the product they want

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