History, asked by 6700190013, 1 year ago

In a free market, supply and demand determines

the type and number of goods produced.
the number and distribution of goods produced.
the raw materials and tools used to produce goods.
the factories and machines used to produce goods.

Answers

Answered by sridevipaul07
36

The number and distribution of goods produced.

Answered by phillipinestest
13

Supply and demand determines number and goods distribution produced in free market.  

Explanation:

In market, supply refers to the availability of the product required by the customers. On other hand, demand refers to number of product required by the customers. If demand increases, it leads to increase in supply and it is dependent upon the number of the product in demand. Thus it can be inferred that the supply and demand in the free market is determined by the number and distribution of goods produced.

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