Communism and socialism are usually found in a mixed market economic
system. This type of system allows private economic freedom when it
comes to the use of capital. But this also allows the government to
instill order for the purpose of social developments through its
interference in the different companies economic activities.
Central planning is used primarily in a command economy.
your answer is a command economy. hope this helps
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Answer: When one firm can efficiently supply the market.
Explanation:
A natural monopoly occurs when the biggest supplier in an industry, usually the leading business in the market, has an overpowering advantage over possible business opponents.
This is usually the case in industries with high infrastructural costs, where capital costs prevail, generating economies of scale that are too big in relation to the dimension of the market.
Less eligibility Was introduced in 1834 to <span>1948</span>
