which situation is more likely to occur in a market economy than a command economy?
people line up for cheap but scarce products
a student is guaranteed a job out of college
an inventor designs and produces a new type of car
a committee chooses which farm should receive new tractors
People lining up for cheap but scarce products is more likely to occur in a market economy than a command economy. In a market economy, prices are determined by supply and demand, and scarcity can lead to high demand for certain products, causing people to line up to purchase them. In a command economy, production and distribution of goods are controlled by the government, so shortages and long lines for products are less common.
