In a command economy, most decisions about what, how and for whom to produce are made by those who control the government.
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Q30: Consumer sovereignty means consumers, rather than producers,
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Q34: Define opportunity cost and give an example.
Q35: Inflation is a steady decrease in price.
Q36: Scarcity is the same as poverty.
Q37: What are the five parts to the
Q38: What is consumer economics?
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