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Business, 23.12.2019 22:31 nanny2204p4ipj9
In a market-directed system: o the government decides what products should be produced to meet the people's needs. o the emphasis lies in optimizing the rate of production. o customer satisfaction has very little importance. o firms do not rely on customer satisfaction as it is impossible to measure. o it is up to each customer to decide how effectively individual firms satisfy his or her needs.
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