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.
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In the diagram equilibrium price is ...
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One of the important features of perfect competition is_____? ...
Which of the following terms of trade is recorded in a country's current account section of the ...
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An entrepreneur will continue to employ labour up to a point where ...