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Darya [45]
3 years ago
8

Fantasy of Lights is a business that makes and sells Christmas lights. Fantasy of Lights makes over 6,000,000 twinkle lights eac

h year. Fantasy of Lights sells their Christmas lights for a price set by the demand of the consumer. What economic system is this?
Social Studies
2 answers:
nevsk [136]3 years ago
8 0

Answer:

Explanation:

Christmas Lights Switch On event. 8. 2.5. Perth Winter Festival. 10. 2.6. Marketing & Promotion. 10. 2.7. Reasons for Visiting and Counterfactual.

right?

koban [17]3 years ago
5 0

Answer:

Market Economy

Explanation:

A market economy is a system where the laws of supply and those of demand direct the production of goods and services. 1  Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay.

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