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QUESTION IMAGE

in a planned economy, prices of commodities are controlled by ________.…

Question

in a planned economy, prices of commodities are controlled by ________.
a. supply and demand
b. producers and consumers
c. the government
d. private enterprises

Explanation:

Brief Explanations

A planned economy is a system where central authorities make key economic decisions, including setting commodity prices, rather than market forces, private actors, or producers/consumers.

Answer:

C. The government