Important question??

CPT 895 views 5 replies

 

A capitalist economy uses ________ as the principal means of allocating resources.

a) demand

b) supply

c) efficiency

d) prices

please tell the correct answer. thank you

Replies (5)
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But the answer in the book is d???
The answer is d. Reason- in a capitalist economy prices r determined by demand and ssupply forces, there is no govt. Interference, hence it is price which prevails

Correct ans. ___D

Thnx rahul.........


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