In a free market, supply and demand determines
A. the type and number of goods produced.
B. the number and distribution of goods produced.
C. the raw materials and tools used to produce goods.
D. the factories and machines used to produce goods.
Answer (1)
In a free market, supply and demand fundamentally determine the type and number of goods produced. This dynamic influences resource allocation and market competition, responding to consumer preferences. Thus, the precise answer to the question is that supply and demand shapes the type and number of goods produced. ;
