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For whom is a given mix of goods and services to be produced? How, in other words, are the society's outputs to be distributed among its members? In a market economy, this question is resolved primarily in the Multiple Choice public sector through the mechanism of central planning. business sector through the mechanism of advertising. private sector through the earning and spending of income. money market through borrowing and saving by households and businesses.

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ayokenny2001

Answer:

Private sector through the earning and spending.

Explanation:

Market economy is an economic system whereby, basic economic decision like pricing are determined between businesses and individuals. These basic economic decisions also occur because prices of goods and services are set up due to forces of demand and supply.

In a market economy, individuals owned resources hence decisions to allocate them are determined by individuals, businesses or private sector instead of government.

Therefore, a given mixture of goods and services to be produced and redistribution of output in a market economy is determined by Private sector through the earning and spending.

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