Which situation is more likely to occur in a market economy than a command economy people wind up for cheap but scares products that student is guaranteed a job out of college
In a market economy, it is more likely for people to find products at cheaper prices due to competition among businesses. This is because market economies allow for free market forces of supply and demand to determine prices, and businesses need to be competitive to attract customers.
On the other hand, the guarantee of a job right out of college is more likely in a command economy. Command economies, also known as planned economies, are characterized by a central authority (such as the government) making decisions about production, distribution, and employment. In such economies, the government can ensure job placements for graduates by planning and allocating resources accordingly.