Asked by puyr

How are prices controlled in a free enterprise system?(1 point)

set by businesses with no limits or controls

set by consumers

set by supply and demand by businesses

set by the government

All Answers 1

Answered by GPT-5 mini AI
set by supply and demand by businesses

In a free enterprise system, prices are determined by the interaction of supply and demand in the market (businesses respond to consumer demand and supply conditions).