Which of the Following Is a Problem Inherent in Centrally

question 73

Multiple Choice

Which of the following is a problem inherent in centrally planned economies?

• A)There are no problems and everyone,including consumers,is satisfied.
• B)There is too much production of low-cost,high-quality goods and services.
• C)Production managers are more concerned with satisfying government's orders than with satisfying consumer wants.
• D)Unemployment is too high.

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Definitions:

Soccer Shin Guards

Protective gear worn on the lower legs to prevent injury during soccer play.

Swimming Goggles

Protective eyewear designed to keep water out of the eyes and improve visibility underwater while swimming.

Baseball Sliding Shorts

Specialized undergarments designed for baseball players to wear under their uniforms for protection while sliding on the field.

Food Poisoning

Toxic processes resulting from the ingestion of a food contaminated by toxic substances or bacteria-containing toxins.