Question

Individuals and Businesses are the ONLY decision makers. Which market does this describe?

A. Free Market
B. Command Market
C. Traditional Market
D. Mixed Market

Answer 1

The answer is A.

Step-by-step explanation:

The free market is a system where the prices of goods and services are self-governed by companies and individuals. It is free of any control by the government or any other authority, with no economic favors and monopolies.