1. In a market economy, the three economic questions are answered by which of the following?
a. Prices determined by the interaction of the forces of supply and demand.
b. A cartel of major transnational corporations, government agencies, and consumer advocates.
c. A trilateral commission of major corporations, the military, and elite university professors.
d. A central authority such as people’s commit-tee, a government agency, or a dictator.