← A-Level Economics
Basic economic ideas and resource allocation · 44 left
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Which feature of a planned economy would producers be most likely to welcome but consumers be most likely to resent?
[1 mark]
state decisions that pass through many layers of officials
the slow adjustment of output when circumstances change
the directing of resources mainly into machinery and factories
the lack of profit or wage rewards for extra effort
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Modelled on Cambridge 9708 · May/Jun 2026 · Paper 13 · Q5
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