In a capitalist economic system,_____.A) the government owns and operates all businessesB) there is little scope for competitionC) consumers have a limited choice of goods and servicesD) majority of people possesses government jobsE) prices of goods and services are determined by demand and supply

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Jakorlin Leggett · Accepted Answer

Final Answer : E, Explanation :  In a capitalist economic system, the prices of goods and services are determined by the forces of demand and supply, reflecting the market's dynamics without direct government control over the economy.

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