In which economic system do consumers make economic decisions based on changes and n prices that occur between buyers and sellers

Which situation is the best example of regulation in an economic system? a retail business just opened a new store in a community close to its original location. a small clothing shop slashed it prices to attract customers from a larger department store nearby. a farmers’ market has offered a special deal to customers from a nearby yoga school. a state agency has been created to monitor the production and distribution of sports drinks.