Economy, asked by GULZ2, 8 months ago

What is produced. Ho w is this question answered in a market economic system?

Answers

Answered by raninissy
0

Answer:

In its purest form, a market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated. In its purest form, a command economy answers the three economic questions by making allocation decisions centrally by the government.

Explanation:

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