In an answer of at least two-well developed paragraphs,explain how a free market economy operates

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23-04-2021
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In an answer of at least two-well developed paragraphs,explain how a free market economy operates

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381487 381487 · Answer 1 · 2021-04-23T23:34:20+02:00

381487 381487

23-04-2021

Answer:In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services

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