Question

select all that apply.
select all the items that describe a free market economy.
limited selection of goods and services
distribution by price
competition between businesses
motivated by self - interest
freedom for consumers and producers

Explanation:

• In a free - market economy, there is a wide variety of goods and services (so "limited selection" is incorrect).
• Price is a key mechanism for distribution.
• Firms compete with each other.
• Producers are motivated by self - interest (profit) and consumers by their own needs.
• There is freedom for consumers to choose what to buy and for producers to decide what to produce.

Answer:

B. distribution by price, C. competition between businesses, D. motivated by self - interest, E. freedom for consumers and producers