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Which of the following is an economic system in which business is based on competition and individuals make decisions on how to use resources. a Market b Command c Traditional d…

Which of the following is an economic system in which business is based on competition and individuals make decisions on how to use resources. a Market b Command c Traditional d…
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Which of the following is an economic system in which business is based on competition and individuals make decisions on how to use resources.

a

Market
b

Command
c

Traditional
d

Mixed

User Dencey
by
8.6k points

1 Answer

7 votes

Answer:

Option A. Market is your answer.

User Ansyori
by
8.4k points
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