In a freemarket system consumers let producers know what they want to buy and how much theyre willing pay through what?

In a freemarket system, consumers communicate to producers information about what they want to purchase and how much they are willing to spend through their purchasing decisions. Their choices create a demand for certain goods and services, sending market signals that influence producers' output and pricing strategies. This demand-driven system allows producers to adjust their supply based on consumer preferences and willingness to pay, leading to efficient resource allocation, competition, and price discovery in the market.