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Sagot :
Answer:
lower prices
Explanation:
A market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions
Characteristics of a pure market economy
• Private ownership of means of production
• freedom of choice. Producers are free to produce what they desire
• competition among producers
• no government intervention.
Due to the fact that producers compete with each other in this type of economy, prices would be lower to attract customers
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