00:01
Hello students, in this question, we have to state which option is correct, which states that ultimately who ultimately decide what goods and services are in demand and therefore, what business will produce.
00:13
So, we'll look at the options.
00:14
So, option 1, a, state capital investment.
00:19
So, capital investment state, while consumer may invest in companies, consumers may invest in companies that is not the primary way they control what goods and services are produced.
00:48
So, this option is incorrect.
00:53
Option b, state gross income.
00:58
So, consumers income level may impact their purchasing power.
01:02
So, income levels can impact the purchasing power, but not necessarily determine what goods and services are to be produced.
01:18
So, this option is also incorrect...