Discuss the advantages and disadvantages of the price system of allocation compared to a command system.

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Agricultural Economics

ISBN: 978-0136071921

3rd edition

Authors: Evan Drummond, John Goodwin

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Question Posted: Apr 12, 2016 10:32 AM

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Discuss the advantages and disadvantages of the price system of allocation compared to a command system.

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An allocative system is a form of a communication system that conveys the ...View the full answer

Agricultural Economics

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