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What prompts efficient resource allocation in well functioning market system?
business operating for a profit
What prompts efficient resource allocation in a well-functioning market system?
A number of things will prompt efficient resource allocation in a well-functioning market system. The quantity and the price of the commodities are the main aspects.
What prompts efficient resource allocation in a well functioned market system?
business operating for a profit
Which system is used to deal with scarcity in Australia?
Market Allocation.
Which system is used to deal with scarcity in the US?
market allocation
File allocation methods in operating system?
Contiguous Allocation Linked Allocation Indexed Allocation
Describe the allocation of resources in market and mixed economic systems?
In a free market where the demand and supply of resources as return to factors are determined by market forces to determine the resource allocation usually owned by private Enterprise through price mechanism, although government control to some extent also determines the allocation of resources for auxiliary or subordinate production of goods and services in a mixed economic system by planning in the production possibilities by the scarce resource allocation .
Is market system the most efficient system?
There are many different types of market systems. Depending on the economy in which the system is used it can differ greatly as to which one will work better. In short there isn't one market system that will work as a "one size fits all." Trying to find the best or most efficient market system requires more factors and information. The rest is up for debate and is quite subjective.
What market system is the most efficient?
There are many different types of market systems. Depending on the economy in which the system is used it can differ greatly as to which one will work better. In short there isn't one market system that will work as a "one size fits all." Trying to find the best or most efficient market system requires more factors and information. The rest is up for debate and is quite subjective.
Match the economic system with the action performed by the government in that system?
Socialist country-Providing equality of wealthPlanned economy-Making allocation decisionsFree-market system-Protecting freedom of choice
Is the selection of an appropriate cost allocation base more important for a single-stage cost allocation system than it is for a two-stage cost allocation system?
no
What's the most energy efficient roofing system?
A Sprayed Polyurethane Foam (SPF) coating will be very durable and has been proven the most energy efficient roofing system on the market today.
