Question 1 ”Poland broke the shackles of Soviet communist domination three decades ago. Free for the first time since Wo
Posted: Wed Jul 06, 2022 6:24 pm
Question 1
”Poland broke the shackles of Soviet communist domination threedecades ago. Free for the first time since World WarII, Poland cast off its yoke of government control and centralplanning in favour of an American-style free enterprisesystem where consumers, not elected officials or bureaucrats, driveinvestment, production and buying decisions.”Source:https://www.chronline.com/stories/brune ... 15Accessed: 14/10/21The result to the Polish economy is that prices will determine…
a. only the mix of output to be produced and the resources to beused in the production process.
b. only the resources to be used in the production process andfor whom the output is produced.
c. the mix of output to be produced, the resources to be used inthe production process, and for whom the output is produced.
d. only for whom the output is produced and the mix of output tobe produced.
”Poland broke the shackles of Soviet communist domination threedecades ago. Free for the first time since World WarII, Poland cast off its yoke of government control and centralplanning in favour of an American-style free enterprisesystem where consumers, not elected officials or bureaucrats, driveinvestment, production and buying decisions.”Source:https://www.chronline.com/stories/brune ... 15Accessed: 14/10/21The result to the Polish economy is that prices will determine…
a. only the mix of output to be produced and the resources to beused in the production process.
b. only the resources to be used in the production process andfor whom the output is produced.
c. the mix of output to be produced, the resources to be used inthe production process, and for whom the output is produced.
d. only for whom the output is produced and the mix of output tobe produced.