The repair service that fixes your farming equipment doesn't seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer. (ECON)

Question

Advanced Placement (AP)

Madyson

3 October, 07:46

The repair service that fixes your farming equipment doesn't seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer. (ECON)

+4

Answers (2)

Know the Answer?

Isabela Maynard · Answer 1

Yes, you can get a higher quality repair guy. Or you could get another cheaper plow that is high quality, so you don't need it fixed again.

Ethan Sandoval · Answer 2

No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.