Price in capitalist economy is determined by:

CA Foundation · Business Economics · PYQS · September 2024
Price in capitalist economy is determined by:
(A) A. Big corporates
(B) B. Small private firms
(C) C. Market forces of demand and supply
(D) D. Government

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Market forces of demand and supply

Topics: Theory of Demand and Supply

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