Asked By: Jordan Ramirez Date: created: Sep 27 2021
Which of the following best explains why goals are necessary for making allocation decisions
Answered By: Benjamin Perez Date: created: Sep 28 2021
Which of the following best explains why goals are necessary for making allocation decisions? The available resources cannot be used to pursue every goal that each individual has.
Asked By: Ralph Murphy Date: created: Nov 17 2022
Which of the following best explains why players in the game of economics are often in conflict
Answered By: Ryan Simmons Date: created: Nov 17 2022
Which best explains why players in the game of economics are often in conflict with each other? Some economic goals are incompatible with each other.
Asked By: Curtis Barnes Date: created: Jan 08 2023
Which of the following best explains why resources need to be allocated in the game of economics
Answered By: Devin Ward Date: created: Jan 08 2023
Which best explains why resources need to be allocated in the game of economics? There are not enough resources to produce all of the goods and services that everyone wants.
Asked By: Thomas Lewis Date: created: Jan 25 2022
Which of the following best explains why the game of economics does not have a single goal
Answered By: Malcolm Perry Date: created: Jan 26 2022
Which best explains why the game of economics does not have a single goal? Different people want different things out of life.
Asked By: Aidan Moore Date: created: Apr 30 2022
What takes place in the game of economics
Answered By: Julian Ramirez Date: created: May 02 2022
(1.1. 2#2) Describe what the game of economics is about. It's about the exchange of goods and services with money or bartering, producing goods and services for people to consume, making decisions about allocating resources, and distribution.
Asked By: Philip Wood Date: created: Feb 04 2023
Which of the following best explains why the game of economics Cannot eliminate scarcity
Answered By: Bernard Martin Date: created: Feb 05 2023
Which best explains why the game of economics cannot eliminate scarcity? No matter how much supply is produced, people's demands will always increase to exceed supply.
Asked By: Antonio Perry Date: created: Dec 05 2022
Which of the following best explains why the profit motive often leads to efficiency and innovation
Answered By: Seth Foster Date: created: Dec 05 2022
Which best explains why the profit motive often leads to efficiency and innovation? The competition to make profit drives producers to eliminate waste.
Asked By: Carter Roberts Date: created: Dec 30 2021
Which best explains why resources results because people always want more no matter how much is produced
Answered By: Logan Rivera Date: created: Jan 01 2022
Which best explains why resources results because people always want more no matter how much is produced? There is scarcity that cannot be eliminated.
Asked By: Eric Clark Date: created: Jan 17 2022
Which of the following best explains how free choice is protected in a free-market system
Answered By: Jack King Date: created: Jan 17 2022
Consumer decisions affect producers, and producer decisions affect consumers. Which best explains how free choice is protected in a free-market system? – Consumers and producers protect their own freedom by making economic decisions.
Asked By: Jayden Martinez Date: created: Sep 01 2022
Which question must be asked about the use of resources in an economic system
Answered By: Peter Bailey Date: created: Sep 04 2022
Which question must be asked about the use of resources in an economic system? What allocation of resources will provide the fastest growth? What is the most effective allocation of resources?
Asked By: Oliver Martinez Date: created: Aug 31 2022
Which of the following explains why scarcity is a basic fact of life
Answered By: John Jones Date: created: Aug 31 2022
Which explains why scarcity is a basic fact of life? Demand will always be greater than supply.
Asked By: Wyatt Baker Date: created: Oct 17 2022
What do you think about economics
Answered By: Anthony Brown Date: created: Oct 17 2022
Economics can be defined in a few different ways. It's the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it's not all about money.
Asked By: Alex Torres Date: created: Aug 24 2022
Which generally does not have the features of a game
Answered By: Raymond Richardson Date: created: Aug 25 2022
which generally does NOT have the features of a game? photography.
Asked By: Francis Flores Date: created: Dec 18 2021
Which describes the system in a free market economy
Answered By: Clifford Flores Date: created: Dec 20 2021
The free market is an economic system based on supply and demand with little or no government control. It is a summary description of all voluntary exchanges that take place in a given economic environment.
Asked By: Isaac Stewart Date: created: Jan 12 2022
Which of the following Cannot be done by the government in command economy
Answered By: Antonio Gonzalez Date: created: Jan 12 2022
Which of the following cannot be done by the government in a command economy? Deciding what goods consumers buy.
Asked By: Carter Barnes Date: created: Mar 24 2022
What makes allocation decisions necessary
Answered By: Dennis Howard Date: created: Mar 27 2022
Making allocation decisions requires information and resources. Consumers need goals in order to know what goods and services to buy.
Asked By: Gabriel Morris Date: created: Nov 24 2021
Which best explains what makes allocation decisions necessary quizlet
Answered By: Jaden Murphy Date: created: Nov 24 2021
which best explains what makes allocation decisions necessary? there are never enough goods & services to satisfy all wants & needs.
Asked By: Jason Perez Date: created: Sep 11 2022
Which groups of players use the goods and services produced in the game of economics
Answered By: Lawrence Johnson Date: created: Sep 12 2022
in the game of economics, which player has the role of providing goods and services? producers.
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