ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Y ou are a small business owner and you sell computer gaming consoles. You have chosen to sell this product to teenagers and young adults. You decided to sell consoles because they are easy to build, are popular and make a high profit. You decide on the prices for your consoles based ONLY on the following factors:How many consoles you have in your warehouse, and how many consoles you are sell each week? Which type of economy do you have?
A
traditional
B
command
C
market
D
closed
Explanation: 
There is 1 question to complete.