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Business, 11.07.2019 07:00 ahmetagayew2004

In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies input availability is a constant concern because in command economies, input availability is determined by planners that may not correctly respond to consumer demand. in command economies, input availability is determined by a market that may not provide adequate inputs. in market economies, buyers of inputs know that consumers want the product. in market economies, buyers of inputs know that sellers want to earn profits..

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In market economies, firms rarely worry about the availability of inputs to produce their products,...
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