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Economics · Oct / Nov 2025 · Paper 12 · Question 8

2281Market economic system

How are economic decisions determined in a market economic system?

  1. Aby a mixture of market forces and government intervention
  2. Bby central planners of production and consumption
  3. Cby government regulation of the price mechanism
  4. Dby the forces of demand and supply

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Correct answer: D. by the forces of demand and supply

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