In a market economy, economic activity is guided bySelect one:a. the governmentO b. pricesO c. corporationsd. central planners

Economics: It deals with market study and effects due to which there is a change in the rates of…

Answered: In a market economy, economic activity…

In a market economy, economic activity is guided by Select one: Oa. the government Ob. prices O c. corporations O d. central planners

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 1P

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In a market economy, economic activity is guided by
Select one:
a. the government
O b. prices
O c. corporations
d. central planners

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