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D. to meet all consumer needs!
As meeting consumer needs is the only way to make profit!
D. to meet all consumer needs!
As meeting consumer needs is the only way to make profit!
Answer: To meet all consumer needs
Explanation: In a socialist economy good and services are produces for direct use. Unlike a capitalist economy where goods and services are produced to earn profits. The purpose of producing goods in a socialist economy is to utilise the economy's scarce resources in a way that maximum consumer needs can be satisfied.
Thus, option D- to meet all consumer needs is the correct choice.