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Question 1 5 pts A free market is described by which of the following statements? 0 The government does not set or inuence market prices

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Question 1 5 pts A free market is described by which of the following statements? 0 The government does not set or inuence market prices in any way. 0 Inputs are free to sellers. 0 The price of outputs is controlled by the government. 0 Decisions are centralized Question 11 Which of the following will shift the supply curve to the right? 0 an increase in the cost of labor. 0 A change in consumer tastes and preferences. 0 Government regulation of production. 0 A decrease in the price of inputs to production

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