PRINCIPLES OF MICROECONOMICS (OER)
PRINCIPLES OF MICROECONOMICS (OER)
2nd Edition
ISBN: 9781947172340
Author: Timothy Taylor, Steven A. Greenlaw
Publisher: OpenStax
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Chapter 1, Problem 27CTQ

Why do you think that most modern countries’ economies are a mix of command and market types?

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Why do most economies in the world today operate somewhere in between a market economy and a command economy?
What are some examples of a command economy? Market Economy?
What are the types of economic systems? How will you differentiate Command from a Market economy?

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PRINCIPLES OF MICROECONOMICS (OER)

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