The market system's answer to the fundamental question "What will be produced?" is essentially
A) "Goods and services that are proﬁtable."
B) "Low-cost goods and services."
C) "Goods and services that can be produced using large amounts of capital."
D) "Goods and services that possess lasting value."

Question

Quizplus · Accepted Answer

The market system's main goal is to maximize proﬁt, so the goods and services produced will be those that are most likely to generate the greatest income and profits.

The Market System's Answer to the Fundamental Question "What Will