Social Studies
Social Studies, 30.06.2019 06:30, moisesnunez408

Why do command economies believe that an authoritarian system is more efficient than the price system for allocating scarce resources? a) prices and the ability to create supply and demand will ensure that no scarce resource gets to a government that control the supply lines. b) the government is not a fair source for allocation and will cheat and steal from most people to ensure that the rich and powerful are taken care of. c) prices and the ability to make a profit will increase the supply of the scarce resources, thereby lowering prices and increasing demand to increase economic choices. d) the price system is not a more efficient system for allocation of goods and services and the government is a fair and impartial distribution center to ensure economic equity.

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