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When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services what basic economic question are they answering?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
Why did we need new markets for American goods?
So America can advance in the technology for farming so we can make our goods and food more efficiently
What does the term environmental economics mean?
Environmental economics is a subfield of economics that deals with environmental issues. One main focus of environmental economics is market failure. Market failure is when the markets fail to efficiently allocate resources.
What were the important ideas on economics offered by Ronald Coase?
In its most basic form, the Coase Theorem, named after Ronald Coase, explains that the private markets, if left to their own devices will solve the problems of externalities and allocate resources efficiently.
Primary markets can not function well without secondary markets?
Primary markets can not function well without secondary markets
What effects did the agricultural revolution have on farmers?
they were able to work more efficiently
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
How do you improve work performance?
work efficiently
When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services what basic economic question are they answering?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
Do most of the work in the House of Representatives because they can work efficiently?
Committees
Do most of the work in the House of Representatives because they can work efficiently.?
Committees
Why did we need new markets for American goods?
So America can advance in the technology for farming so we can make our goods and food more efficiently
When does the body work most efficiently?
When it's healthy! (:
How the management should makes the organization work in pratice?
Efficiently.
How to prepare for IB Exams efficiently?
To work hard with consistency
What is the ability of your body systems to work efficiently?
Physical fitness
How can you work more efficiently?
Just plan ahead of time
