In a command economy,______.
A) producers have a lot of choice about what and how much to produce
B) prices usually fluctuate according to supply and demand
C) marketing activities such as market research are encouraged
D) consumers usually have very limited freedom of choice
E) consumers decide what is to be produced and by whom
Correct Answer:
Verified
Q228: In a command economy,government officials decide
A)who is
Q246: Identify the primary role of a public
Q250: An economic system in which government officials
Q263: Consumers in a market-directed economy
A) enjoy limited
Q266: In a market-directed economy:
A) profit, survival, and
Q268: The role of price in a market-directed
Q270: _ NOT the government's job in a
Q273: Which of the following statements about economic
Q279: Which of the following is LEAST LIKELY
Q293: The various economic systems around the world
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