Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure command economy. Which of the following would you include in your report as weaknesses of Directavia's economy?
a. The economy cannot quickly change the type of goods being produced to meet new priorities. b. The economy experiences persistent shortages and surpluses. c. Many goods are available only through a black market. d. The price-setting mechanism is particularly vulnerable to the mispricing of goods for which there are externalities.
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Home » Business » Imagine you are a consultant who has been asked to summarize the strengths and weaknesses of Directavia, a nation with a pure command economy. Which of the following would you include in your report as weaknesses of Directavia's economy? a.