The role of price mechanism is weakest in which economy?

CA Foundation · Business Economics · MTP · May 2026
The role of price mechanism is weakest in which economy?
(A) A. Capitalist
(B) B. Mixed
(C) C. Socialist
(D) D. Free market

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Socialist

Topics: Nature & Scope of Business Economics

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic