88.0k views
3 votes
In a _____ economy, a central authority determines who buys goods and services. In a _____ economy, price determines who buys these products.

A) planned , market
B)market , planned

User GamefanA
by
7.8k points

2 Answers

4 votes
I believe the answer is A
User Sanepete
by
8.3k points
4 votes

Answer:

A. Planned, Market

Step-by-step explanation:

In a Planned economy, a central authority determines who buys goods and services. In a Market economy, price determines who buys these products.

In Planned economy, a central authority determines production and distribution of goods and services while in Market economy. the production, distribution and regulation of prices is determined by demand and supply of goods and services in the market.

User Thian Kian Phin
by
7.1k points

No related questions found