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What role does the law of supply and demand play in a command economy?

O A.
way as in other economies, but the government sets the prices,
The law of supply and demand functions the same
O B. The law of supply and demand appltes to
command economy as much as it does to other economies.
O C. The
law of supply and demand does not apply because in a command economy, the government controts t1
market.
of a market economy.
O D.
The law of supply and demand functions in reverse because a command economy is the opposite

1 Answer

4 votes

Answer:

The government takes the decision and controls the market irrespective of supply and demand in the market.

User Rich Rajah
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