One basic problem faced by central planners, but hardly present in a market system, has to do with
A) determining the production goals or targets in a factory.
B) having limited resources and trying to match them with unlimited wants.
C) coordinating production in various industries so that bottlenecks do not develop.
D) providing ﬁnancial resources for increasing the real ﬂows of products in the economy.

Question

Quizplus · Accepted Answer

Central planners face the challenge of coordinating production across different industries to prevent bottlenecks, a problem less prevalent in market systems where supply and demand dynamics help coordinate production more efficiently.

One Basic Problem Faced by Central Planners, but Hardly Present