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How is a market economy different from a command economy?

A: Natural resources are most important in a market economy, while labor and capital are most important in a command economy

B: The interaction of supply and demand sets prices in a market economy, while the government sets prices in a command economy

C: Producers benefit the most from a market economy, while consumers benefit the most from a command economy

D: A market economy is one in which producers use traditional methods to make goods, while a command economy is one in which innovation and change are more common

i took the quiz and the answer i used was C like the person told me below and it was incorrect. the correct answer is B. please like and rate my answer

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ayokenny2001 ayokenny2001 · Answer 2 · 2022-05-06T12:05:02+02:00

The difference is the interaction of supply and demand sets prices in a market economy, while the government sets prices in a command economy.

What is a market economy?

A market economy is an economic system where the prices of goods are and economic decisions are based on the collective interactions of the individual people in the economy and the businesses present.

The goal of a market economy may be described as wanting to limit the government involvement in economic decisions.

Hence, the difference is the interaction of supply and demand sets prices in a market economy, while the government sets prices in a command economy.

Learn more about market economy here : https://brainly.com/question/1659498

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