A characteristic of centrally planned economies is that:

A. there are many incentives for innovation and hard work.
B. the price is relatively unimportant in allocating resources.
C. profits are the main measure of success of a firm.
D. entrepreneurship is quite prevalent and highly rewarded.

The correct answer is letter "B": the price is relatively unimportant in allocating resources.

Explanation:

Centrally planned economies or command economies are those managed by the government that dictates production quotas and distribution levels and determines prices. Private ownership is null in centrally planned economies since the government is the owner and distributor of land, labor, and capital.

Allocation price is irrelevant when it comes to command economies since only those vital goods such as staples are paid attention.

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )