A single day economics class is being offered at UCI for high school seniors. This class is taught by a Nobel Prize winner in Economics, and attending this class will virtually guarantee you admission to any college of your choice. There are only 12 seats available, and this class is the only class that has been invited.Write a three paragraphs to explain how the different economic systems (free market, command, and mixed) would decide who gets a seat? What do you think about the quality of the students under each model?
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