In which type of economy do the forces of supply and demand typically drive prices? a. a market economy b. a traditional economy c. a planned economy d. a command economy select the best answer from the choices provided. a b c d

The correct answer is:

A. market economy

Explanation:

A market economy is a system where the production of goods and services, as well as prices are driven by the supply and demand forces. Which means that the quantity of people willing to buy a product or service, and the sources available to produce that product or service determine the price, production and investment.

It is a Market Economy

Explanation:

One of the definitions of a 'market economy' is a type of logistical system used to run an economy using the factors of supply and demand in terms of what is produced and sold.

Hope this helps.

it increase by 12% a year from 1812-1820