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Which economy enables demand for a product or service to drive all the business decisions?
Business decisions are driven by demand in a (an)
economy.

User Prabh
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Final answer:

In a market economy, business decisions are driven by demand for a product or service based on what consumers want and are willing to buy.


Step-by-step explanation:

Market Economy enables demand for a product or service to drive all the business decisions. In a market economy, businesses produce goods and services based on what consumers want and are willing to buy. The forces of supply and demand determine the prices and quantities of goods and services in the market.


Learn more about The role of demand in driving business decisions in a market economy

User Andrew Gillis
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