1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
3 years ago
14

Under central planning, some group has to decide how to get the necessary inputs produced in the right amounts and delivered to

the right places at the right time. This is a nearly impossible task without markets and profits. This quotation best identifies the a. coordination problem under central planning. b. incentive problem under central planning. c. sell-sufficiency dlemma under communism d. resource overcommitment problem under communism.
Business
1 answer:
sergiy2304 [10]3 years ago
7 0

Answer:

A. coordination problem under central planning.

Explanation:

In an economy under a central planning, All of the goods and services that should be produced in the country is fully controlled by the government.

This make it really impossible to achieve.

Citizens are inherently different and tend to have different needs in order to be satisfied in their life. Under the free-market system, these needs will be met through the power of supply and demand. AS long as enough people need it, there will always a producer who want to supply the product.

Under a central planning, this will create a coordination problem. There is now way for the government too ask the citizens one by one about what goods and services they need.

You might be interested in
What are examples of career fields Skills USA prepares students for? Check all that apply.
MissTica

Answer:

Health

Education

Information technology

Agriculture

Manufacturing

Explanation:

First let's define a career field skills:

A career field skills is an extra skill or a transferable skill which one can develop on his journey of life in such a way that one can be self employed with it.

Health skills

Education skills

Information technology skills

Agriculture skills

Manufacturing skills

The above mentioned skills are example of career fields Skills USA prepares students for so that they can earn even without working for anyone.

6 0
3 years ago
The law of ______ returns states that as successive units of a variable resource are added to a fixed resource, beyond some poin
gladu [14]

The law of Diminishing returns states that as successive units of a variable resource are added to a fixed resource, beyond some point, the marginal product will decline.

<h3>What is the law of Diminishing returns?</h3>

The law of diminishing returns explains that when an investment in a particular area increases there will be a stop at the rate of profit from that investment, after a certain point.

Learn more about the law of Diminishing returns at brainly.com/question/17169713

#SPJ1

4 0
2 years ago
Which of the following correctly describes globalization
kondor19780726 [428]

what is your question ??

I think u have missed some parts here in the question ..

5 0
2 years ago
How environmental markets can improve an energy market portfolio
enyata [817]

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

<h3>What do you understand about environmental markets?</h3>

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

learn more about environmental markets:

brainly.com/question/26950905

#SPJ1

8 0
2 years ago
A nation reaches its steady state equilibrium when
lana66690 [7]
Consumption is maximized
4 0
3 years ago
Other questions:
  • On average, the largest portion of the cost of living during retirement goes to
    13·1 answer
  • According to the textbook, an organization should have only one central plan that guides the organization towards its goals. In
    14·1 answer
  • The balance of the Cost of Goods Sold account at the end of the year represents:(A) The cost of inventory not sold in the curren
    15·1 answer
  • QUESTION 5 Which of the following is a primary responsibility of the Federal Reserve Bank? Establish monetary policy Collect tax
    11·1 answer
  • Which of the following best explains why a resident of Venezuela would wish to use U.S. currencies rather than currencies issued
    13·1 answer
  • Gross billings for merchandise sold by Pharoah Company to its customers last year amounted to $12720000; sales returns and allow
    8·1 answer
  • The pharmaceutical industry is extremely dynamic. A company that releases a product to the general public with the intention of
    6·1 answer
  • Inventory management is largely self-contained in the sense that very little coordination among the sales, purchasing, and produ
    8·2 answers
  • Which type of borrowing option would most likely result in the borrower
    12·2 answers
  • The AutoSum icon is located in<br> which of the following groups on the<br> Home tab? *
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!