Which of the following statements about economic systems is true?
Select one:
A. Command economies are most effective for countries with large and complicated varieties of goods and services.
B. Consumers usually have more freedom of choice in a market-directed economy.
C. Branding is less common in a market-directed economy than in a command economy.
D. The United States is a good example of a command economy.
Expert Answer
B. Consumers usually have more freedom of choice in a market-directed economy.
In econimis system, consumers are free to choose watever they need. It is in the consumer hand whether to purchase a same product from
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