Gilbert Gozaburu
New member
...state-directed economies? Which of the following statements best depicts the main differences between mixed and state-directed economies?
a) The nature and sophistication of local demand – Mixed economies have a better mix of sophisticated demand that comes about as the result of targeted monopolies in the home market
b) Market Share – Mixed economies tend to have greater market share than do firms from state-directed economies.
a) The nature and sophistication of local demand – Mixed economies have a better mix of sophisticated demand that comes about as the result of targeted monopolies in the home market
b) Market Share – Mixed economies tend to have greater market share than do firms from state-directed economies.