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History, 15.10.2019 10:50, 20jacksone

In which type of economy do market forces determine prices and the allocation of resources?

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History, 23.06.2019 08:30, odetteerivera

Which statement explains a planned economy? the state determines prices and allocates resources. the means of production are owned by all the people. the means of production are controlled by individuals, not the government. the prices of products and allocation of resources are determined by market forces.

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History, 23.06.2019 08:30, als102

Which statement explains a planned economy? the state determines prices and allocates resources. the means of production are owned by all the people. the means of production are controlled by individuals, not the government. the prices of products and allocation of resources are determined by market forces.

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History, 17.07.2019 03:30, kashaallen492

In which type of economy do market forces determine prices and the allocation of resources? a ) supply economy b ) mixed economy c ) market economy d ) planned economy

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Business, 14.11.2019 20:31, Magree5321

The essential difference between a command economy and a market economy is that in a market economy a the prices of products and resources are largely determined by government regulation of businesses. b buyers and sellers determine resource allocation. c central planning creates an effective incentive system for consumers and producers. d shortages occur more often than surpluses.

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