Question

in a market economy, what primarily determines the price of goods?
this question is worth 10 point(s)
cultural traditions
government planning
religious beliefs
supply and demand

Explanation:

In a market economy, the interaction between the quantity of a good producers are willing to sell (supply) and the quantity consumers want to buy (demand) is the primary factor that sets the equilibrium price of goods. The other options describe factors that influence prices in non-market or mixed economies, not the primary driver in a market-based system.

Answer:

D. Supply and demand