In capitalism, the decision on how to produce is based on:

CA Foundation · Business Economics · MTP · May 2026
In capitalism, the decision on how to produce is based on:
(A) A. Social welfare
(B) B. Profit Maximisation
(C) C. Cost minimisation and profit maximisation
(D) D. Equal distribution goals

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Cost minimisation and profit maximisation

Topics: Nature & Scope of Business Economics

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