Could someone help me out with this question? Thankss Question 2 of 13 Availa Du

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Could someone help me out with this question? Thankss

Question 2 of 13 Availa Due D Points Grade Descri Policie Mapoob Sapling Learning macmilan learning Place the items into the appropriate bin Typical of Market Economies Typical of Non-Market Economies You ci You ci until y You ci stude You l answ attem for mm deper Prices set with little input from buyers and sellers Voluntary, self-interested trade Profit maximization and general prosperity Constraints on buyers andBuyers and Sellers sellers and r respond to price changes profits and utility A planning agency's allocation of resources eTex Help Web Previous Check Answer NexExit

Explanation / Answer

a) Typical of Market economies

In a market economy, the buyers and sellers are free to respond to supply and demand and set the prices of the goods and services, they are driven by profit motive and no authority is above them to decide what they can sell and buy.

Non-Market economies:

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