An economy system that uses what is regarded as the "...
An economy system that uses what is regarded as the "Market mechanism" is called_______
Mixed economy
Socialism
Command economy
Capitalism
Correct answer is D
The market mechanism is solved through the Forces of demand and supply in the capitalist economy which is also known as free enterprises or free market economy.
In a perfectly competitive market, the firm is in long-run equilibrium at the output where ...
The slope of a supply curve is ...
A monopolist can boost up his revenue by ...
Which of the following is not an advantage of price control? ...
Stocking small quantities of a variety of goods is a function of the ...
Long-term funds for investment projects are sourced from the ...