CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

Distribution of total goods and services depends on the distribution of _________.

A
goods demanded
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
income
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
wealth and savings
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
money inherited
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B income
In a free enterprise economy, prices of commodities in the market are affected by the forces of demand and supply that generates open competition in the market which leads distribution of goods and services according to the purchasing power of an individual which depends on the distribution of income.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Marketing
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon