In a free enterprise economy, the problems of what, how and for whom to produce are solved by :

– by
Question:

In a free enterprise economy, the problems of what, how and for whom to produce are solved by :

A.

A Planning Committee

B.

The Price mechanism

C.

The Planning Commission

D.

None of these.

Answer» b. The Price mechanism

Note: The above multiple-choice question is for all general and Competitive Exams in India.