Which of the Following Statements Is True About a Command

question 99

Multiple Choice

Which of the following statements is true about a command economy?

• A) Shortages occur because of complexities in the planning process.
• B) Planners determine what, how many, and for whom goods and services are to be produced.
• C) Planners often allocate goods and services through a rationing system.
• D) The quality of produced goods and services tends to be inferior.
• E) All of these are true.

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Definitions:

OD Cam

Refers to a cam mechanism that is characterized by an outer diameter profile, which is critical in controlling the motion in mechanical systems.

Plate Cam

A mechanical device with a specifically shaped plate used to convert rotational motion into linear motion.

Curved Flank

The curved side or edge of an object, often referring to shapes or objects that do not have straight sides.

ASME

American Society of Mechanical Engineers, a professional association that sets codes and standards for engineering to ensure the safety and reliability of products and services.