Social Studies, 29.11.2020 17:00 leslieperez67
In Country B, business owners decide what to produce, how much to produce, and who to produce for. The CEO of Volunteer Audio, one of the leading audio equipment producers in the country, recently decided to increase production levels of the company's newest MP3 player model, and at the same time decrease production levels of their most popular CD player. The reason for the emphasis on MP3 players is that demand for CD players has decreased dramatically as MP3 technology has taken over the market. Simply put, there is more profit to be made in the MP3 market. Which type of economic system is this? * 1 point O Capitalism O Mixed O Command
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In Country B, business owners decide what to produce, how much to produce, and who to produce for. T...
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