General Knowledge › Pakistan Economy › Question #19513
Single Choice Moderate

QOne advantage for the capitalist system for allocating resources in economy is that it:

ID: #19513 Pakistan Economy 101 views
Question Info
#19513Q ID
ModerateDifficulty
Pakistan EconomyTopic

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  • A Avoids unemployment ✔ ✖
  • B Reduces inequality of incomes ✔ ✖
  • C Affords the fullest opportunity for individuals to indicate their preferences for goods within the limits of their spending power ✔ ✖
  • D Always results in goods being produced at the lowest possible cost ✔ ✖
Correct Answer

Explanation

Affords the fullest opportunity for individuals to indicate their preferences for goods within the limits of their spending power

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