Mercantilism is best described by which of the following statements. A: an early for of capitalism. B: an example of a command economy. C: an example of free market economy. in capitalism supply and demand should accomplish which of the following. A: allow supply to exceed demand. B: allow demand to exceed supply. C: have enough tension between the two to create the need for both. which of the following is true about capitalism. A: it was written about by Aristole and Plato. B: it was first described by Adam Smith. C: It is the economy system favored by fascist regime.