17
QuizMultiple Choice

Introduction to Economics — Test

Question 17 • Economics

In a free-enterprise system, consumers decide

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

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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