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24 January, 23:22

Why are economies never purely market or command economies?

A. International law prohibits purely command or market economies.

B. Government officials do not really understand economics.

C. People prefer variety in their economic systems.

D. Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation.

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Answers (2)
  1. 25 January, 00:35
    0
    Economics are never purely market or command economic because Neither purely market nor purely command economics can adequately answer the basic economic questions in every situation.
  2. 25 January, 02:22
    0
    Economies are never purely market or command economies because " D. Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation"
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