Explain given mix of goods and services to be produced


For whom is a given mix of goods and services to be produced? How, in other words, are the society's outputs to be distributed among its members?" In a market economy, this problem is resolved primarily in the:

A) Private sector through the earning and spending of income
B) Money market through borrowing and saving by households and businesses
C) Business sector through the mechanism of advertising
D) Public sector through the mechanism of central planning

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Microeconomics: Explain given mix of goods and services to be produced
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