Question

How are product prices determined in a command economy?

A) The interactions of supply and demand sets product prices.
B) Traditional values, along with availability of natural resources, set product prices.
C) The government sets product prices based on its idea of their relative values.
D) Consumers determine prices by voting on them in democratic elections.

Answer 1

C) The government sets product prices based on its idea of their relative values.

Step-by-step explanation:

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Answer 2

C because in a command economy the government controls all aspects of that countries (or place) economy.