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AP® Microeconomics

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Market Economy: Decision-Making

APMICR-X11XAZ

Which of the following best represents how a basic economic choice is made in a market economy?

A

States pass laws prohibiting people under the age of 21 from purchasing alcohol.

B

The hours that can be worked by children under 16 is limited.

C

A rare baseball card sells at an auction for $2 million.

D

The production of lead paint is banned because of the potential negative health impacts on children.

E

Products are produced using methods that have been used by craftsmen for decades.