In a capitalist economy, the economic problem of what goods to produce is decided mainly...

ECONOMICS
JAMB 2000

In a capitalist economy, the economic problem of what goods to produce is decided mainly by?

  • A. shadow prices
  • B. profit level
  • C. relative prices
  • D. a central planner

Correct Answer: B. profit level



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 Your email address will not be published.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 *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.