Which of the following is a characteristic of a market economy?

The government decides who can buy certain goods.

The government decides which goods will be produced.

Sellers are motivated by profit when deciding what goods they will sell.

Sellers are not concerned with profit.

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Koba

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5 November, 08:30

Which of the following is a characteristic of a market economy?

The government decides who can buy certain goods.

The government decides which goods will be produced.

Sellers are motivated by profit when deciding what goods they will sell.

Sellers are not concerned with profit.

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Answers (2)

Know the Answer?

Oconnor · Answer 1

One major characteristic of a market economy is that " Sellers are motivated by profit when deciding what goods they will sell," since this allows them to try to make the most efficient, cheapest product.

Rafael · Answer 2

Sellers are motivated by profit when deciding what goods they will sell is a characteristic of a market economy

Which of the following is a characteristic of a market economy?The government decides who can buy certain goods.The government decides which goods will be produced.Sellers are motivated by profit when deciding what goods they will sell.Sellers are not concerned with profit.

Which of the following is a characteristic of a market economy?

The government decides who can buy certain goods.

The government decides which goods will be produced.

Sellers are motivated by profit when deciding what goods they will sell.

Sellers are not concerned with profit.