The fact that the major indicator of enterprise success in the Soviet Union and pre-reform China was the quantity of output implied that
A) product quality was neglected.
B) production costs were minimized.
C) product mix met consumer needs.
D) technological advance was too rapid.
Correct Answer:
Verified
Q67: "Because the outputs of many industries are
Q68: Q69: If products were in short or surplus Q70: In what type of business do the Q71: In the resource market, Q73: "Under central planning, some group has to Q74: According to the concept of the "invisible Q75: The two basic markets shown by the Q76: Suppose that an individual sees a tremendous Q77: Innovation lagged in the centrally planned economies
A) businesses borrow financial
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