Who or what determines what goods and services are sold?(1 point)

Question

Responses

producers
producers

the market
the market

consumers
consumers

the supply

Answer 1

and demand of the market
the supply and demand of the market

Answer 2

That would be consumers I suppose. They are the demanders.

Answer 3

Yes, consumers ultimately determine what goods and services are sold based on their purchasing behavior and demand for certain products or services. Producers and the market also play a role, but ultimately it is the consumers who have the power to dictate what goods and services are produced and sold.