In a market economy, the real power in the market place is held by the

Question

In a market economy, the real power in the market place is held by the

Group of answer choices

producer

seller

government

consumer

Answer 1

In a market economy, the real power in the marketplace is held by the:

- Consumer

The consumer ultimately determines the success or failure of products and services by choosing to purchase or not purchase them. Their buying decisions directly influence the actions and behavior of producers and sellers in the market.