Loralee135 Loralee135

29-09-2014
Business

Answered

Identify the advantages and disadvantages of a command economy.

Answer :

flavour5 flavour5

29-09-2014

Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly

Bad things
1. Lack of efficiency
2. No rewards

Answer Link

Other Questions

Given the problem:[tex]\[ P(n, 4) : P(n, 3) = 9 : 1 \][/tex]Find the value of [tex]\( n \)[/tex].

Forbes magazine reported at one time that the average number of weeks an individual is unemployed is 14.1 weeks. Assume that for the population of all unemploye

The height of a small rock falling from the top of a 124-ft-tall building with an initial downward velocity of [tex]$-30 \, \text{ft/sec}$[/tex] is modeled by t

Answer the multiple-choice question by circling or highlighting the correct answer.Which term has been used by historians to describe the period after the Roman

Which of the following statements is correct?Select one:a. [tex]\(\left(-2^3, -2^3\right)\)[/tex] is located in the first quadrant.b. If [tex]\(a \ \textless \

Note to the assessor: Award [3] if the answer shows full comprehension and is given in a full sentence. If the answer is correct but the grammar makes it diffic

Use a theorem to complete the explanation of why the triangles are congruent

Find the slope of the line through the points (-3,-4) and (-21,-24)

Draw triangle ABC where: AB has length 3 cm (this is drawn for you) the angle at A is 120° and the angle at B is 30°. C A B

A binary operation is defined on the set of real numbers by P.q=4p+q\2-3pq Show that the binary operation is commutative over the set of real numbers

Select the correct answer. Which person is displaying honesty? OA. Chang always goes out of his way to help his friends when they need him. OB. Doreen cares dee

In circle B with m/ABC = 66° and AB = 12, find the area of sector ABC. Round to the nearest hundredth. B A C

Digestive System: Which enzyme breaks down lipids? A nuclease B pepsin Camylase D) bile salts

Ap world history 2020 practice exam 1 mcq

Explaining the advantages of friction provide at least three reasons why friction is needed

I need help I don’t understand

Destiny is considering college, but she knows that she will need to take out student loans to afford the expense. Which of the following is a financially respon

1.1.1. Lihle does not have a 20 ml measuring spoon so she decides to use a teaspoon. How many teaspoons (5ml) of baking powder does Lihle need for one batch of

According to the textbook, those who graduate from college will have earnings that are about. investment in college.

A person borrows Rs. 1,00,000 from a bank at 10% per annum simple interest and clears the debt in five years. If the installment paid at the end of the first, s