An economic system that uses aspects of a market economy and a command economy to make decisions

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An economic system that uses aspects of a market economy and a command economy to make decisions about what, how, and for whom goods and services will be produced is called a(n)

a. average economy

b. market economy

c. mixed economy

d. socialist economy

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Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

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