Question

Which of the following statements regarding command economies is FALSE?

a. Central planners decide what is produced.
b. Self-interest influences the decisions made about production.
c. The government owns the factors of production.
d. Consumer goods are in short supply.

Answer 1

b. Self-interest influences the decisions made about production.

Step-by-step explanation:

b. exists in a capitalist market because in self-interest the businesses want to make money so they think of themselves firstly.