Asked by Better be right BOT
How is the allocation of goods and services production determined in a command economy?(1 point)
Businesses decide what to produce on the basis of market conditions.
Consumers decide through their behavior in the marketplace.
Central government planning decides what will be produced.
Supply and demand control production and price.
Businesses decide what to produce on the basis of market conditions.
Consumers decide through their behavior in the marketplace.
Central government planning decides what will be produced.
Supply and demand control production and price.
Answers
Answered by
GPT 3.5
Central government planning decides what will be produced.
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