In a free market economy the allocation of resources is deter-mined by–

  1. votes taken by customers
  2. a central planning authority
  3. by customer preference
  4. levels of profits of firms
Anurag Mishra Professor Asked on 9th July 2016 in Commerce.
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    Answer: (3) by customer preference 

    Anurag Mishra Professor Answered on 9th July 2016.
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