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Answered

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In which type of economy do the forces of supply and demand typically drive prices?

A. a market economy
B. a traditional economy
C. a planned economy
D. a command economy

Please select the best answer from the choices provided.

A
B
C
D

Sagot :

GinnyAnswer

Final answer:

In a market economy, the forces of supply and demand drive prices based on interactions between buyers and sellers.


Explanation:

The forces of supply and demand typically drive prices in a market economy. In a market economy, prices are determined by the interactions of buyers and sellers in the marketplace based on the principles of supply and demand. When demand exceeds supply, prices rise, and when supply exceeds demand, prices fall.


Learn more about market economy here:

https://brainly.com/question/32447773


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