Question:medium

Which of the following are the assumptions of Say's Law of Market? A. The size of market is not capable of expansion
B. Perfect competition prevails in factor and product market
C. There is optimum allocation of resources
D. Labour and capital cannot be raised based on price mechanism
E. All savings are automatically invested

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Logic Tip: Say’s Law assumes flexible prices and automatic adjustment of savings into investment.

Updated On: May 29, 2026

A, B, C and D only
B, C, D and E only
B, C and E only
C, D and E only

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The Correct Option is C

Solution and Explanation

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