Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Ask your questions and receive accurate answers from professionals with extensive experience in various fields on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

In a market economy, decisions about which goods are produced are based
on
OA what businesses believe will generate the most profits.
O B. what the government decides is important for society.
OC. what the local community has made for generations.
OD. what health care organizations suggest will be best for citizens.

Sagot :

Samawati

Answer:

A what businesses believe will generate the most profits.

Explanation:

In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.

The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.

Answer: what the local community has made for generations

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.