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Economics Review 1 of 3 Flashcards | StudBud
Economics Review 1 of 3
1 / 20
In a market economy, when consumers and producers act in their own self-interest, which is most likely to be the result?
A
The individuals or businesses will lose money no matter what they sell
B
The consumer will pay high prices for goods and services.
C
The market will have less variety and fewer products will be made.
D
The producers are likely to earn a profit making products people want.
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