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VLD [36.1K]
2 years ago
14

How are supply, demand and free enterprise a key to market economy?

Social Studies
1 answer:
Roman55 [17]2 years ago
5 0

Explanation:

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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