ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Which of the following statements is true for a mixed

    economy?
    A Economic decisions are driven by the motive of both profit maximisation and social welfare. Correct Answer Incorrect Answer
    B The market determines the price of all goods with no intervention from the government. Correct Answer Incorrect Answer
    C All resources are controlled and owned by the government. Correct Answer Incorrect Answer
    D The private sector dominates the economic activity. Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next
    More Microeconomics Section Tests Questions
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call