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A market economy is not based on _____. a vote personal choice having no choices the public
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37 votes
37 votes
A market economy is not based on _____.

a vote
personal choice
having no choices
the public

User Codaddict
by
3.2k points

2 Answers

18 votes
18 votes
personal choice
households choose the quantities of labor, land, capital, and entrepreneurial ser- vices to sell or rent to firms in
exchange for wages, rent, interest, and profits. households also choose how to spend their incomes on the various types of goods and services available.
Firms choose the quantities of factors of production to hire and the quantities of goods and services to produce.
User Romylussone
by
2.8k points
17 votes
17 votes
The correct answer is the public
User Pooja Mokariya
by
3.3k points
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