A market system: produces answers to a society\'s \"what\" and \"who\" questions
ID: 2429294 • Letter: A
Question
A market system:
produces answers to a society's "what" and "who" questions, but not the "for whom" question.
produces answers to a society's "what" and "for whom" questions, but not the "how" question.
produces answers to a society's "how" and "for whom" questions, but not the "what" question.
produces answers to a society's "what," "how," and "for whom" questions.
does none of the above.
aproduces answers to a society's "what" and "who" questions, but not the "for whom" question.
bproduces answers to a society's "what" and "for whom" questions, but not the "how" question.
cproduces answers to a society's "how" and "for whom" questions, but not the "what" question.
dproduces answers to a society's "what," "how," and "for whom" questions.
edoes none of the above.
Explanation / Answer
Correct Answer:
D
A market system, tells that what to produce, how to produce and for whom to produce in the economy. By this, demand forces are established and it sets the supply creation.