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malhi101 malhi101
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A year ago
In command economies, economic behaviour is

▸ directed by individual self-interest.

▸ largely affected by elements of tradition and market incentives.

▸ largely determined by a central authority.

▸ random and unpredictable.

▸ based primarily on custom and habit.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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GlitterBug11GlitterBug11
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A year ago
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