Question

7. In a free market economy, decisions are made according to the laws of

Answer 1

Answer:

A

Explanation:

In its best form, a free market economy will determine a price by supply and demand.

Local governments can't determine anything unless it is a local commodity or product which will not be used anywhere else. Even then, the government is interfering with supply and demand.

National government -- same answer as local government. Any government interference does not result in a free market economy.

There are not enough wealthy citizens around to influence many markets.

Your best answer is A

Answer 2

Free market decisions are made according to the laws of supply and demand.