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Answer the following questions, and where applicable, make use of the additional information available. Question 1 (4 marks) Poland broke the shackles of Soviet communist
Answer the following questions, and where applicable, make use of the additional information available. Question 1 (4 marks) "Poland broke the shackles of Soviet communist domination three decades ago. Free for the first time since World War Il, Poland cast off its yoke of government control and central planning in favour of an American-style free enterprise system where consumers, not elected officials or bureaucrats, drive investment, production and buying decisions." Source: https:/www.chronline.com/stories/brunell-commentary-our-economy-works-when-consumers-pick- winners.273515 Accessed: 14/10/21 The result to the Polish economy is that prices will determine.. . a. only the mix of output to be produced and the resources to be used in the production process. b. only the resources to be used in the production process and for whom the output is produced. c. the mix of output to be produced, the resources to be used in the production process, and for whom the output is produced. d. only for whom the output is produced and the mix of output to be produced
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