15
QuizMultiple Choice

Economic Systems — Test

Question 15 • Economics (Full-Year)

In a free-enterprise system, consumers decide

Answer
A
which services to buy.
B
how to set prices.
C
which goods to export.
D
how to use materials.

Explanation

In a free-enterprise system, consumers influence what businesses produce by choosing what to buy. So consumers decide which services to buy. Businesses, rather than consumers, generally decide how to use materials, what to export, and what prices to set.

AI-written and checked against the verified answer.

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