QUESTION IMAGE
Question
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.
Brief Explanations
In a free - market economy, supply and demand interact to decide what goods are produced (type) and how many of them are made (number). The other options are related to production factors rather than what supply and demand directly determine.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
the type and number of goods produced.