comcourses1456800quizzes2301770take Question 5 2 pts At one

com/courses/1456800/quizzes/2301770/take Question 5 2 pts At one time in the Soviet Union, all the distribution centers were filled with moleskins. Industry was unable to use them all and they often rot in warehouses before they could be processed. Why did this happen? HTML Editorg B-

Solution

During 1980\'s , In Soviet Union, state purchased increased and all the distribution centers were filled with moleskin.Industry was not able to usem them all and they often rot in warehouses before they can be processed. This all happened because price of moleskin was very high.It was decided by central planners and was not set by supply and demand.Free market price is very important, it tells how much consumers want and what price they are willing to pay. Absence of which led to this situation in Soviet Union.

Citation : https://medium.com/theglobalvoice/price-and-free-market-60f2a1577a3b