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Question Practice

Which of the following best describes the nature of economic agents in a market economy?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Introduction
Question Bank

Which of the following best de...

Single Answer MCQ
Q-00089290

Which of the following best describes the nature of economic agents in a market economy?

1

They are completely controlled by the government.

2

They act independently to maximize their own benefits.

3

They follow strict production quotas.

4

They share resources equally.

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