A country in which the law of supply and demand determines how resources are to be

allocated is said to have a command economy.



Indicate whether the statement is true or false.


F

Trades & Technology

You might also like to view...

How many questions are there in the ASE Electronic Diesel Engine Diagnosis Specialist (L2) test?

A. 40 B. 45 C. 50 D. 60

Trades & Technology

The best time to prepare the soil for planting annuals is _____

A) winter B) spring C) summer D) fall

Trades & Technology

Reid vapor pressure is a test of the volatility of fuel and is teated at what temperature?

A) 212°F (100°C) B) 0°F (-18°C) C) 100°F (38°C) D) 32°F (0°C)

Trades & Technology

In a firm, fixed price contract, the contractor's profit is _____

a. tied to project schedule performance b. subject to penalties and incentives c. negotiated separately from labor and material costs d. incorporated into the bid

Trades & Technology