Most countries today have privately owned businesses that are allowed to decide what, how, and for whom to produce goods but are regulated by certain rules and laws to protect the workers and consumers. this is an example of what type of economic system? command traditional pure market mixed market

Around the third week of a college class, a professor decides she’s had enough, is tired of dealing with bureaucracies, and wants out. so one day, instead of coming to class, she flies to tahiti and sells souvenirs on the beach. if this happened, the college would simply assign a substitute to finish the course. what does this tell you about the nature of the authority wielded by a professor?