"Joon lives in North Korea and manages a yarn shop. Under this - TopicsExpress



          

"Joon lives in North Korea and manages a yarn shop. Under this command, or centrally planned, economy, he is told to make 100 skeins of yarn that weigh 100 grams each every day. What would Joon most likely NOT do to reach his quota? Joon might make the factory create a variety of yarns with different weights, materials and colors to appease the various types of people and organizations that need yarn." Principles of Microeconomics by Gregory N. Mankiw
Posted on: Thu, 05 Sep 2013 22:04:51 +0000

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