Question

In a market economy, producers will produce the goods and services that:

a) consumers desire the most
b) consumer need the most
c) consumers demand
d) optimize consumer utility ​

Answer 1

Answer: D. optimize consumer utility

Step-by-step explanation:

A market economy is an economic system market whereby the decisions that has to do with production, investment, and distribution are done through forces of the demand and supply. In this economic system, individuals and firms play a vital role as there's little intervention from the government.

In a market economy, producers will produce the goods and services that optimize consumer utility. This is because consumers want to get the highest satisfaction possible from the goods that they consume.