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What is the most effective allocation?APEX!

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What question must be asked about resources in an economic system?

How are the resources distributed?


What questions must be asked about the use of resources in an economic system?

What is the most effective allocation?APEX!


What questions must be asked about the use of resources in the economics system?

What is the most effective allocation?APEX!


In every economic system choices must be made because resources are?

In every economic system, choices must be made because resources are limited or scarce relative to human wants and needs. This scarcity necessitates prioritization and trade-offs, as societies must decide how to allocate resources effectively to satisfy various demands. Consequently, choices reflect the values and priorities of individuals and communities, influencing production, consumption, and distribution. Ultimately, the manner in which these choices are made shapes the overall economic structure and outcomes.


The Economic system must address what?

Broad social / economic goals.


Who manages the system resources in C plus plus?

Resources are the responsibility of the operating system (OS). The programmer can request resources from the OS, but must release them to the system as soon as they are no longer required. As such, the programmer must manage the resources required by the program.


What question must be asked in order for economic production to take place?

How is production to be organized


What basic economic questions must the nation answer?

Scarcity of resources cause all nations to answer 3 economic questions because people have unlimited wants but limited resources to produce them.


What other question must be asked in order for economic production to take place?

How is production to be organized.


What is the definition of basic economic questions?

Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.


Which is NOT a question an economic system must answer?

When to produce it. ^^ from Stars Suite.


What are the three questions the economic system must answer?

The thre questions that all economic systems must ask are: What to make? How to make it?, and Who gets it? Tough questions.