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C ) among buyers and sellers prohibits a single buyer or seller can dictate the price of a product or resource because others can undercut that price. The regulatory mechanism of the market system is ( c_ ). As the result, the ( e P. _) is widely distributed. In other words, competition diffuses ( e P. ) and limits the actions of any single seller or buyer. The command economy is the opposite extreme alternative to ( P. ) . It is a system characterized by ( g economic decisions are made through ( c. -) of all or nearly all property resources. Its P _). Also, it is called administered production, because central government determines production goals for each enterprise. The division of output between capital and consumer goods is centrally decided based on the board's long-term priorities. 2. Assume that a firm can produce product A, product B, or product C with the resources it currently employs. These resources cost the firm a total of $100 per week. Assume, for the purposes of this problem, that the firm's costs cannot be changed. The market prices and the quantities of A, B, and C these resources can produce are given below. Note: Profit = Revenue - Cost Product Market price Output Revenue Cost Profit A $15.00 7 $ $ $ B 10.00 12 C 4.00 20