In the U.S. economy, the quantity of donuts produced each day is determined by the
A) U.S. Food and Drug Administration.
B) U.S. Department of Health and Human Services.
C) Donut Association of America.
D) individual decisions of thousands of donut makers.

Question

Quizplus · Accepted Answer

The quantity of donuts produced each day in the U.S. economy is determined by the individual decisions of thousands of donut makers, reflecting the decentralized nature of decision-making in a market economy.

In the US Economy, the Quantity of Donuts Produced Each Day Is