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Question 0

The price mechanism 

  • A.regulates supply and demand
  • B.rations the consumers
  • C.rewards the producers
  • D.allocates scarce resources
  • E.does all of the above
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2022
Question no.
#0
Type
Objective
Previous · Q0Marginal cost is? Next · Q0 In a free market economy, the rationing of scarce goods is done principally by?

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