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Chapter 8 Building Blocks in Economics the Problem of Choice - Part 4

In a market economy, who plays a major role in determining what is produced?

Type: MCQ • Marks: 1
In a market economy, who plays a major role in determining what is produced?
Options
A. Consumers and producers interacting through markets
B. Government alone in every case
C. Courts alone
D. Election officers
Explanation
Explanation: Demand and supply interactions influence production decisions.
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Class 9th Understanding Society India and Beyond, Part I

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