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In a planned economy, a. central planners allow the price to determine distribution of a product. b. high prices discourage use of the most scarce
In a planned economy, a. central planners allow the price to determine distribution of a product. b. high prices discourage use of the most scarce resources. c. prices are used to coordinate economic activity. d. central planners set production targets and tell producers how to produce
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
