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3 votes
In a market economy, prices are established by

A)
consumers and labor unions.

B)
decree of government agencies.

C)
the interaction of supply and demand.

D)
businesses which buy and sell the products.

2 Answers

1 vote
I'm gonna say A.Because during a Market Economy only the citizens/buyers have any say and labor unions always support working citizens.
User Martega
by
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5 votes
In a market economy, prices are established by C. the interaction of supply and demand.
According to how much people buy a product, and how much of that product there is, prices are going to be established accordingly.
User Pallgeuer
by
7.7k points
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