3
QuizMultiple Choice

Competition and Free Enterprise — Quiz

Question 3 • Economics

In a free-enterprise system, producers decide

Answer
A
where to shop for goods.
B
which services to buy.
C
how much to charge.
D
which goods interest them.

Explanation

In a free-enterprise system, producers make decisions about how to run their businesses, including setting prices for the goods and services they sell. Consumers decide where to shop, which goods interest them, and which services to buy. Therefore, the correct choice is “how much to charge.”

AI-written and checked against the verified answer.

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