When goods do not have a price, which of the following primarily ensures that the good is produced?
A)buyers
B)sellers
C)government
D)the market

Question

Quizplus · Accepted Answer

When goods do not have a price, the government primarily ensures that the good is produced through policies and regulations aimed at promoting production and distribution of the good. This can include subsidies, tax incentives, and other forms of government intervention. In the absence of a market price, buyers and sellers are unable to establish a value for the good, which makes it difficult for market forces to determine how much of it should be produced or consumed.

When Goods Do Not Have a Price, Which of the Following