The market for cigars is characterized by QD = 10 - 0.25P and QS = 0.15P, where P is price per box of cigars and Q measures boxes per hour. 
Definitions:
Allocates Resources
the process of distributing available resources among various uses to achieve optimal outcomes or objectives.
Economic Freedom
The degree to which individuals and businesses can make economic decisions without government intervention.
Central Planning
A system where the government or a centralized authority makes all decisions about the production and distribution of goods and services.
Industry Output
The total production of goods and services by all firms in a particular industry over a specific time period.
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