in a market economy, the problem of what goods to produced is solved primarily by
Answer Details
In a market economy, the problem of what goods to produce is primarily solved by the pattern of consumers spending. This means that the decisions about what goods and services to produce are driven by what consumers are willing to buy. If people are buying a lot of a certain product, then producers will likely increase production of that product to meet the demand. On the other hand, if people are not buying a particular product, then producers may stop making that product or reduce its production. In this way, the market economy is driven by the choices and preferences of consumers, and producers respond to that demand.