Which of the following is true of a market-directed economy? Multiple Choice There is little to no government oversight, monopolies are common, and a "buyer beware" mentality rules the market. Producers are expected to fill quotas that are predetermined and assigned by the government. Macro-level decisions for the whole economy are based on the individual decisions of the economy's many producers and consumers. The cost of goods is set by the government with little regard for whether or not customers feel they are getting their money's worth. It only works well when the economy is simple and consumers are provided with a limited number of choices