Which is NOT a characteristic of a centrally planned economy?

Question

Quizplus · Accepted Answer

One of the main drawbacks of a centrally planned economy is the inability to efficiently allocate resources and produce the right amounts of goods at the right time. This is because production levels are determined by planners and based on their estimations of demand, rather than market signals. Therefore, excess demand for some goods and excess supply for other goods is a common occurrence in a centrally planned economy. However, planners do set prices for goods produced in the economy and production levels are determined by them.

Which Is NOT a Characteristic of a Centrally Planned Economy