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7. In a market economy: A. govemment owns the means ofproduetion so that it can produce what is in society's best interest. B. businesses design their plans to maximize their prot and the market is relied upon to see that individual self-interest is consistent with society's interest. C. workers are directed by a government planning boards to produce what is in society's best interest. D. government sets prices to make necessities a'ordable because it is in society's best interest to make necessities affordable. 8. Businesses are on the: A. supply side of factor markets and the demand side of goods markets. B. demand side of factor markets and the supply side of goods markets. C. supply side of both factor markets and goods markets. D. demand side of both factor markets and goods markets. 9. Businesses do all of the following except: A. pay taxes to the government. B. demand labor services from households in the factor market. C. demand goods and services from households in the goods market. D. supply goods and services to the government in the goods market. 10. Government regulation of working conditions is an example of: A. government as referee B. government as owner C. government as actor D. government as dictator