In a market-oriented economy, the amount of a good that is produced is primarily decided by the interaction of: group of answer choices all consumers buyers and sellers.
An economy that is "market-oriented" is set up so that businesses, costs, and output are naturally regulated by consumer demand for goods and services rather than by the government: This type of economy may have an unclear future. It uses a customer-focused design strategy for products.
It entails conducting market research to find out what consumers believe to be their top priorities, current needs, or personal preferences within a given product category. Supply and demand, two economic forces, govern the creation of goods and services in a market economy. The circular flow diagram of economic activity is a model of the: flow of goods, services, and payments between households and firms.
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