In a market system, what determines how goods and services will be produced? a. firms determine how goods and services will be produced. b. consumers, firms, and the government determine together how goods and services will be produced. c. consumers determine how goods and services will be produced. d. the government determines how goods and services will be produced

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)