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Related Questions
Why are all goods and services scare?
What are all goods and services scarce
System in which the central government makes all decisions on the production and consumption of goods and services?
mixed economy
What makes allocation decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
In the circular flow of goods and services what does the product market represent?
all the exchanges of goods && services
Who makes purchases of goods and services for personal use is considered to be a?
peter
Is concerned with all of the activities involved in creating goods and services and the distribution of those goods and services to customers?
Me
Which of the following best explains what makes allocation decisions nescessary?
There are never enough goods and services to satisfy all wants and needs
What best explains what makes allocation decisions decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
What is an intermidiatel buyer?
Assuming you mean 'intermediate buyer', it is a buyer who makes use of goods and services with the intention of creating further goods or services for the benefit of the economy.
Art and economics?
art is the production of goods and services,this makes it an economic activity
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
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