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QUESTION
In a command economy, how is it determined what goods and services will be produced? A) Businesses decide what to produce on the basis of market conditions. B) Consumers decide through their behavior
In a command economy, how is it determined what goods and services will be produced?
A) Businesses decide what to produce on the basis of market conditions.
B) Consumers decide through their behavior in the marketplace.
C) Central government planning decides what will be produced.
D) Supply and demand control production and price.
