Your class makes a proposal to sell hot dogs, hamburgers, and other refreshments at sporting events. The local School Board agrees. A representative from the School Board Office arrives and provides the class with a list of foods to purchase for the refreshment stand, as well as the amount of food to purchase and the prices that your class must charge. Your class must also agree to buy all of
the food and supplies from a company that has other contracts with the school.

What type of economic system does this scenario suggest, and why?