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a) Compare and contrast the capitalist market system and the command system. [6 Marks] b) Discuss how prices of substitutes and complements, income, cost
a) Compare and contrast the capitalist market system and the command system. [6 Marks] b) Discuss how prices of substitutes and complements, income, cost of doing business can affect supply of flour in Kisumu town. Use illustrations where necessary. [9 marks]
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a Comparison between Capitalist Market System and Command System Capitalist Market System In a capitalist market system economic decisions are primarily driven by market forces of supply and demand Pr...Get Instant Access to Expert-Tailored Solutions
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