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Which of the following types of economies is most likely to develop new and better products? A.Market B.Command C.Traditional D.None of the above

Which of the following types of economies is most likely to develop new and better products? A.Market B.Command C.Traditional D.None of the above
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4 votes
Which of the following types of economies is most likely to develop new and better products?

A.Market
B.Command
C.Traditional
D.None of the above

User Siobhan
by
8.4k points

1 Answer

3 votes
Market because it promotes competition which in return lowers prices and increases quality
User Miccet
by
7.4k points
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