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Retnec Retnec
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6 years ago
In order to get the most output from society's limited resources, the scarcest resources must be used only where no other input will suffice.
A) In command socialism, this function is performed by planners; in pure capitalism, it is performed by the central government.
B) In pure capitalism, this function is performed by input prices; in command socialism, it is performed by planners.
C) In command socialism, this function is performed by the producing units; in pure capitalism, it is performed by planners.
D) In pure capitalism, this function is performed by government regulations; in command socialism, it is performed by output targets.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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Retnec Author
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#2
6 years ago
You have the correct answer! Smiling Face with Halo
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