asked 88.0k views
3 votes
In a _____ economy, a central authority determines who buys goods and services. In a _____ economy, price determines who buys these products.

A) planned , market
B)market , planned

asked
User GamefanA
by
7.8k points

2 Answers

4 votes
I believe the answer is A
answered
User Sanepete
by
8.3k points
4 votes

Answer:

A. Planned, Market

Step-by-step explanation:

In a Planned economy, a central authority determines who buys goods and services. In a Market economy, price determines who buys these products.

In Planned economy, a central authority determines production and distribution of goods and services while in Market economy. the production, distribution and regulation of prices is determined by demand and supply of goods and services in the market.

answered
User Thian Kian Phin
by
7.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.