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18 June, 20:15

In a capitalist economy, who ultimately determines the answer to the economic question "What to produce"?

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  1. 18 June, 21:34
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    Consumers answer this, ultimately, by spending their money. This will drive producers to adjust what they are making to the shifting desires of consumers. If consumers want gadget X with feature X made by company Y It is likely that companies A, B, C will all make a version of gadget X with feature X as well.
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