Which of the Following Is a Problem Inherent in Centrally

Multiple Choice

Which of the following is a problem inherent in centrally planned economies?

A) Households and firms make poor decisions in choosing how resources are allocated.
B) There is too little production of low-cost, high-quality goods and services.
C) Production managers are more concerned with satisfying consumer wants than with satisfying government's orders.
D) Exports tend to exceed imports.