A characteristic of the market system is

A) extensive use of direct or manual methods of production.
B) a focus on labor, as opposed to capital resources.
C) reliance on the use of capital goods in indirect modes of production.
D) avoidance of producing goods that do not satisfy consumer wants directly.

Question

Brianna Thomas · Accepted Answer

Final Answer : C, Explanation :  A market system relies on the use of capital goods in indirect modes of production, as producers aim to minimize the cost of production and increase efficiency. This involves using machinery, technology, and other capital goods to produce goods and services. Choices A, B, and D are not accurate characteristics of the market system.

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