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What coordinates the actions of millions of people with their varying abilities and desires in a free market system?
Wiki User
∙ 16y ago
Through prices. Scarce resources will be priced such that those who can gain the most profit or utility by utilizing them are the ones who will consume the goods. If prices are too low, the demand for a resource will be higher than supply, and prices will rise until some potential buyers drop out of the market. Likewise, if prices are too high, some suppliers may reduce prices in order to eliminate surpluses, causing prices to fall.
Wiki User
∙ 16y ago
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The conflict between unlimited desires and limited resources in government is?
The Answer is Not In Government It Is In Scarcity. Scarcity is the limited resources amd unlimited desires
What are individual wants?
desires by an individual are individual wants.
What is anything used to produce a good or service that will satisfy wants and desires?
resources
Which economist believes that consumer desires are manipulated by slick marketing and that producer sovereignty is in control?
Galbraith.
Why do many people spend money on entertainment even in periods of economic hardship?
Fill their demand and desires
What does self control?
Self control is control of one's emotions, desires, or actions by one's own will.
What does self-control mean?
Self control is control of one's emotions, desires, or actions by one's own will.
How can someone be leader?
A person becomes a leader when they demonstrate that their thoughts and actions are a greater benefit than their own personal desires.
How do you forgive and stay with your boyfriend of 3 years after kissing and touching another woman?
You don't. His actions speak towards his heart's true desires.
The indirect satisfaction of wants is best obtained when?
Direct Satisfaction occurs when customers directly satisfy their needs and desires by performing actions on their own. Indirect Satisfaction is when a customer's requirements and desires are met in a non-direct manner. -I hope this helps-
What method of characterization often tell the reader the most about a characters motivation and desires?
A character's thoughts, feelings, and actions are often the most revealing methods of characterization when it comes to understanding their motivations and desires. By showing how a character thinks, what they feel, and how they behave in different situations, writers can provide insight into their innermost desires and what drives their decisions.
Explation of- the discipline of desire is the background of character?
This means that exerting control over one's desires shapes one's character. By disciplining our desires, we develop self-control, integrity, and the ability to make thoughtful decisions. Ultimately, our character is defined by how well we manage and direct our desires towards virtuous actions.
The buddhas eightfold path stressted right behavior in eight areas what were they?
The eight areas were: opinions, desires, speech, actions, jobs, effort, concentration, and meditation.
Frued believed that all thoughts and actions are determined by?
Freud believed that all thoughts and actions are determined by unconscious desires, memories, and early childhood experiences. He developed the theory of psychoanalysis to explore the influence of these unconscious factors on human behavior.
Does Buddhism have mision?
The mission for most buddhist sects are to attain buddhahood, or removal of earthly desires and the achievement of enlightenment. Others believe in the spread of world peace and happiness, and the improvement of one's life and abilities to overcome hardships.
Can daydream ever help a person achieve his or her goalsexplain?
DREAM= Don't Really Expect Actual Manifestation Dreaming is good, but if you really want your daydream to come true you need to set goals. Goals will help set forth actions and actions will help bring about your desires.
How was man imprisoned in flesh?
This is the biblical way of saying that a person cannot stop his sinful desires and actions. Before a person becomes a christian the bible says he is a slave to sin. The devil is keeping him in chains. It is only Jesus that can free a person and change him so that he will no longer act out those sinful thoughts and desires
