Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

The "Economic Calculation Problem" posits that

A. a system of voting/democracy always leads to outcomes which violate standard notions of rational preferences.
B. a system of planning will never be able to achieve efficient outcomes, precisely because under such a system the planners do not have access to the information generated by market transactions.
C. calculating the true economic value of a worker can only be done under a socialist system.
D. it is impossible to come up with any estimate of the costs of complying with government bureaucracy.


Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.