contestada

Which situation best illustrates how production decisions are made in a
command economy?
O A. A village elder teaches young farmers which crops to grow in
different seasons.
O B. A government panel orders factories to make more fuel-efficient
cars.
C. A grocery store stops buying meat from farms that abuse animals.
D. A company designs a new laptop computer with features
consumers want.

Respuesta :

Answer:

O B. A government panel orders factories to make more fuel-efficient

cars.

Explanation:

a command economy is an economy in which production, investment, prices, and incomes are determined centrally by a government.

okpalawalter8

The situation that best illustrates how production decisions are made in a command economy is "A government panel orders factories to make more fuel-efficient cars." Option B. This is further explained below.

What is a command economy?

Generally, a command economy is simply defined as financial model in which the factors of production are held by the government and business output is governed by a single authority

In conclusion, "A government commission tells firms to produce more fuel-efficient automobiles" is the finest example of how production choices are decided in a command economy.

Read more about a command economy

https://brainly.com/question/14878598

#SPJ2

Otras preguntas