The regulatory mechanism of the market system is:

CA Foundation · Business Economics · MTP · June 2024
The regulatory mechanism of the market system is:
(A) A. Self interest
(B) B. Private property
(C) C. Competition
(D) D. Specialization

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Competition

Topics: Public Finance

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

Related Questions in this Topic