QI: Consider 4 economic systems and convert the information in a key format. You can use any of your own choice, although one as a sample for you as under. Those who will have something different with extra material and in a good format will gain some extra benefit. Traditional Command Market Mixed aits finition rcision makers: What to produce How to produce For whom to produce Ivantages (4) sadvantages (4) amples

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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QI: Consider 4 economic systems and convert the information in a key format. You can use
any of your own choice, although one as a sample for you as under. Those who will have
something different with extra material and in a good format will gain some extra benefit.
Traditional
Market
Mixed
Traits
Command
Definition
Decision makers:
1. What to produce
2. How to produce
3. For whom to produce
Advantages (4)
Disadvantages (4)
Examples
Transcribed Image Text:QI: Consider 4 economic systems and convert the information in a key format. You can use any of your own choice, although one as a sample for you as under. Those who will have something different with extra material and in a good format will gain some extra benefit. Traditional Market Mixed Traits Command Definition Decision makers: 1. What to produce 2. How to produce 3. For whom to produce Advantages (4) Disadvantages (4) Examples
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