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What role does the law of supply and demand play in a command economy?

А.The law of supply and demand functions in reverse because a command economy is the opposite of a market economy.
B. The law of supply and demand applies to a command economy as much as it does to other economies.
C. The law of supply and demand does not apply because in a command economy, the government controls the market.
D. The law of supply and demand functions the same way as in other economies, but the government sets the prices.

1 Answer

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Answer:

A.

Step-by-step explanation:

A. Is the correct answer because the more the demand the lower the price in a command economy due to economies of scale and government monopolies.

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