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March 29, 2015

Homework Help: Economics

Posted by Stacy on Thursday, March 15, 2012 at 2:22am.

How does a laissez faire economy make the decision about what goods and services will be produced?

a.) Lawmakers in government vote on what will be produced
b.) Producing firms decide what they choose to produce, cusumers will follow
c.) What will be produced is determined by what society needs most
d.) By consumers and suppliers interacting through market forces

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