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OpenStudy (jessie13):

Answer ASAP! Mixed economies _____. A: alternate between command and market economic systems every two years B: have characteristics of both command and market economic systems C: only exist in the Eastern hemisphere D: are the most efficient economic systems 2:Who makes the economic decisions in a command economy? A: the president B: private individuals and businesses C: a central planning committee D: Adam Smith

OpenStudy (jessie13):

@GrimVix

OpenStudy (dmndlife24):

Mixed economies have characteristics of both command and market economic systems

OpenStudy (jessie13):

so its B? for question 1

OpenStudy (dmndlife24):

Yes

OpenStudy (anonymous):

Should be president on the second one.

OpenStudy (jessie13):

thanks guys!

OpenStudy (dmndlife24):

No problem

OpenStudy (dmndlife24):

Also, in a command economy, production is decided by government agencies, who decide the most socially efficient goods to produce. So for your second question it is C.

OpenStudy (jessie13):

i will try both thanks!

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