What goods and services will be produced how the goods and


What goods and services will be? produced, how the goods and services will be? produced, and who will receive the goods and services are? determined:

A. in centrally planned economies by the government.

B. in market economies by the decisions of households and firms interacting in markets.

C. in mixed economies by the decisions of buyers and sellers interacting in marketsdecisions of buyers and sellers interacting in markets.

D. in market economiesmarket economies partly by the decisions of buyers and sellers interacting in markets and partly by the government.

E. both a and b are true.

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Business Economics: What goods and services will be produced how the goods and
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