Question

In which type of economy do the forces of supply and demand typically drive prices?

A. a market economy
B.
a traditional economy
C.
a planned economy
D.
a command economy
Please select the best answer from the choices provided.

Answer 1

Market economy since that’s the trading market

Answer 2

A. A market Economy

Step-by-step explanation:

The kind of economy that is determined by supply and demand is a market economy - a market Economy) is the correct one

In a command and planned economies the government decides over prizes and production (the two are roughly synonymous).

A traditional economy is an economy based on exchange, not money.