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  9. Q3
Question 3

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
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2012/2013
Question no.
#3
Type
Objective
Previous · Q2I. What and how much will be produced? II. How will it be produced? III. For… Next · Q4 When a commodity X sold for ₦25 per unit, 50 units of the commodity were…

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