1.07 quiz: markets and opportunity costs due: fri sep 19, 2025 11:59pm attempt 1 in progress next up: submit…

1.07 quiz: markets and opportunity costs due: fri sep 19, 2025 11:59pm attempt 1 in progress next up: submit assignment available after sep 14, 2025 12:00am details no additional details were added for this assignment. which describes a command economy? designed to protect private property run by the government uses only free - market principles organized by producers and consumers

1.07 quiz: markets and opportunity costs due: fri sep 19, 2025 11:59pm attempt 1 in progress next up: submit assignment available after sep 14, 2025 12:00am details no additional details were added for this assignment. which describes a command economy? designed to protect private property run by the government uses only free - market principles organized by producers and consumers

Answer

Brief Explanations:

A command economy is an economic system where the government makes major economic decisions such as what to produce, how to produce, and for whom to produce. It has significant government control over economic activities.

Answer:

B. run by the government