I own a candy store in my country. I am free to choose the products I sell and I am able to complete against other stories using innovative ideas. After a white selection of candies are various prices what type of economic system does my country most likely utilize

The country most likely utilizes a free market economy.

Explanation:

A free market economy is characterized by the price system: in this system, prices signal economic activity in order to coordinate the forces of supply and demand in order to reach a market equilibrium.

In a free market economy, competition is stiff because firms can freely enter and exit the markets, and this also influences the price of goods and services.

Firms try to out-compete other firms by improving production processes, innovating, and lowering costs.

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