An economic system in which the producer and the consumer are the same is referred...
ECONOMICS
JAMB 2007
An economic system in which the producer and the consumer are the same is referred to as a
- A. mixed economy
- B. subsistence economy
- C. capitalist economy
- D. socialist economy
Correct Answer: B. subsistence economy
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *