Question

Question 5

What role does the law of supply and demand play in a command economy?
1 pts
O The law of supply and demand functions in reverse because a command economy is the opposite of a
market economy.
O The law of supply and demand applies to a command economy as much as it does to other economies.
O The law of supply and demand functions the same way as in other economies, but the government sets the
prices.
O The law of supply and demand does not apply because in a command economy, the government controls the
market.

Answer 1

Answer: O The law of supply and demand does not apply because in a command economy, the government controls the market.

Step-by-step explanation: