In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, what were the economic incentives for producers?
A) to produce good quality products so that society benefits from the resources used
B) to conserve on costs, so as to maintain efficiency in the economy
C) to produce enough to meet the output target, without regard for quality or cost
D) to produce those products that society desires most
Correct Answer:
Verified
Q89: In what economy are the decisions of
Q90: What did Ralph Nader's book Unsafe at
Q91: How can trade benefit a family?
A)by allowing
Q92: If France is better than Belarus at
Q94: If Canada decides to trade with Mexico,
Q96: Which of the following does NOT result
Q97: What is NOT a benefit from trade?
A)
Q98: Which of the following statements about trade
Q99: In a market economy, decisions are guided
Q100: What happens if Japan chooses to engage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents