the economic system which relies mainly on the price mechanism for the allocation of scarce...
ECONOMICS
WAEC 2009
the economic system which relies mainly on the price mechanism for the allocation of scarce resources is known as
- A. capital economic system
- B. command economic system
- C. combined economic system
- D. traditional
Correct Answer: A. capital economic system
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 Your email address will not be published.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 *