Utme 2020 Economics Question 6

Practice objective / multiple choice question 6 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 6 UTME • 2020 • ECONOMICS • objective

In a capitalist economic system, the problem of what to produce is decided mainly by

Answer Options

Correct Answer A. relative prices
B. central planner
C. shadow prices
D. profit level
Correct Answer
A
Correct Option:
relative prices

About This Question

This is Utme 2020 Economics Question 6. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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