This topic contains a solution. Click here to go to the answer

Author Question: In a command economy a. a dictator makes every economic decision b. owners can sell their ... (Read 80 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
In a command economy
 a. a dictator makes every economic decision
  b. owners can sell their resources to the highest bidder
  c. no individual or group coordinates the economy
  d. in theory, individual choices are reflected in collective decisions, and decisions are made by central planners
  e. public ownership of resources is combined with free markets to direct economic activity

Question 2

Inefficiency is a flaw of a command economy because there is less incentive for resources to flow to their highest-valued uses.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

A




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jul 1, 2018
:D TYSM


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library