Practice mode Miscellaneous Economics

What are some of the advantages of a market economy?

Correct answer D. All of the above

Explanation

Markets give participants some satisfaction through voluntary exchange, channel scarce resources into goods consumers want and distribute output to those willing to pay.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.