And what the comic is saying is that the two governments structure their economies around catering for a different one of those two appraoches. You can have M-C-M’ and C-M-C occur in the same economy, but the degree to which they each occur is vastly influenced by government and regulation.
And what the comic is saying is that the two governments structure their economies around catering for a different one of those two appraoches. You can have M-C-M’ and C-M-C occur in the same economy, but the degree to which they each occur is vastly influenced by government and regulation.