Who determine prices in a capitalist economy?

Q. Who determine prices in a capitalist economy?
Answer: Market forces
Notes: Prices in a capitalist economy are determined by the market forces of demand and supply. This is the basis of price determination in an economic system.

This Question is Also Available in:

हिन्दी

Question Source: 📚This question has been sourced from GKToday's "40000+ GK / General Studies MCQs for SSC & State PCS Exams" App Exclusive Course in GKToday Android Application which provides more than 40K General Knowledge and General Studies questions with explanations asked in all Competitive Exams of India. Download the app here.

📌 Question Number: 16 in 3. Economies: Types, Sectors, Branches in the above course in App.