CA Foundation doubt
Iska answer kya hai mujhe to B lag raha hai but correct answer is D how??

Asked by Abhishek3 Aug 2024372 views
CA Foundation doubt

Asked by Abhishek3 Aug 2024372 views
Priya · 3 Aug 2024
Free economy
A · 3 Aug 2024
Actually option should be B .. but consumer sovereignty can also be applied to mixed economy as it also has freedom to choose between products
Gunjan · 3 Aug 2024
B
Rohini · 3 Aug 2024
Consumer sovereignty refers to the freedom of choice which the consumers get in the market when there is open competition in the market with minimal government intervention. Such a situation is possible only under a free market economy, or a mixed economy.
Sakshita · 3 Aug 2024
D
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