Jenny will have $196,184 in wealth and a utility of 275 when she is healthy and $95,405 in wealth and a utility of 127 when she is ill. What is Jenny's expected utility if the chance of illness is 0.12?

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.