Markets perform all of the following functions EXCEPT
A) determining the prices of goods and services.
B) helping firms decide what to produce.
C) helping firms decide how to produce.
D) determining why a firm chooses to produce a certain product.

Question

Quizplus · Accepted Answer

Markets help firms determine the price of goods, what to produce, and how to produce, but they do not directly determine a firm's motivation for producing a particular product.

Markets Perform All of the Following Functions EXCEPT