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When the invisible hand dose not produce optimal outcomes for the economy it means?
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In a planned economy of the following does the job of market forces in order to determine the outcomes?
In a planned economy, the government does the job of market forces in order to determine the outcomes.
In Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
What to produce in mixed economy?
You should produce mixed goods in a mixed economy.
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
An economy where the government decides what to produce and how to produce it?
Controlled
In a planned economy of the following does the job of market forces in order to determine the outcomes?
In a planned economy, the government does the job of market forces in order to determine the outcomes.
What two outcomes is classification designed to produce?
wo outcomes is classification designed to produce are CONTROL & PLANING
In Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
What to produce in mixed economy?
You should produce mixed goods in a mixed economy.
What to produce mixed economy?
You should produce mixed goods in a mixed economy.
Business tools?
The Best business tools to produce optimal results
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
What are invisible characteristics of the platypus?
Male platypuses can produce venom.
An economy where the government decides what to produce and how to produce it?
Controlled
What is the difference between traditional economy and market economy?
In a {Traditional Economy}, economic decisions are based on customs handed down from generation to generation. In a {Market Economy} individuals make their own decisions about what to produce how to produce it & for whom to produce it.
Is planned economy the same as mixed economy?
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
