Which economic system most emphasizes consumer choice?
CA Foundation · Business Economics · MTP · September 2026
Which economic system most emphasizes consumer choice?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. Capitalist
Topics: Nature & Scope of Business Economics
Related Questions in this Topic
- Business Economics is described as normative because it:
- A key objective of Business Economics is to help managers:
- When we study why saving rates are high or low, we are studying:
- Which economic system most emphasizes consumer choice?
- In the basic economic problems list, “For whom to produce” relates to: