Which statement is correct? Multiple Choice Producers are "kings" in a market economy because they determine what is produced. Freedom of choice and enterprise are essential elements of the market system The market system is efficient at allocation of resources, but not consumer goods to their most valued uses. The operation of a market system eventually results in an equal distribution of income. Which statement is correct? Multiple Choice Producers are "kings" in a market economy because they determine what is produced. Freedom of choice and enterprise are essential elements of the market system The market system is efficient at allocation of resources, but not consumer goods to their most valued uses. The operation of a market system eventually results in an equal distribution of income.