Card 1 of 22
In a market economy, who mainly guides production and distribution decisions?
A
Buyers and sellers, through demand, supply and prices.
B
Banks and lenders, through saving, borrowing and interest.
C
Government departments, through targets, quotas and plans.
D
Workers and managers, through wages, shifts and contracts.
Card 1 of 22
2.5 Competition Flashcards
22 flashcards on OCR GCSE Economics 2.5 Competition: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.