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A system of allocating scarce goods and services using criteria other than price is .?
Wiki User
∙ 6y ago
A system of allocating scarce goods and services using criteria other than price is _____.
Wiki User
∙ 6y ago
Kodey Humbert
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A system of allocating scarce goods and services using some criteria other than price?
rationing
What is a system of allocating scarce goods and services using criteria other than price called?
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
Is a structure for allocating scare resources?
An Economic system
What is the role of the price system?
In economics, a price system determines the allocation of scarce resources and induces supply to respond to change in demand. It also rations out scarce product, indicates change in want, is in use in the production of goods and services, and determines the reward factors of production.
What term denotes a nation's basis for allocating its resources among its citizens?
An economic system
A system of allocating scarce goods and services using some criteria other than price?
rationing
What is a system of allocating scarce goods and services using criteria other than price called?
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
Is a structure for allocating scare resources?
An Economic system
What system replaced the headright system as a way of allocating land?
the land lottery
What is the role of the price system?
In economics, a price system determines the allocation of scarce resources and induces supply to respond to change in demand. It also rations out scarce product, indicates change in want, is in use in the production of goods and services, and determines the reward factors of production.
Methods of allocating disk space?
what is the difference between a file system and a database system?
What are the criteria to measure the effectiveness of operating system in relation to computer system?
what are the criteria to measure the infectiveness of computer system
What term denotes a nation's basis for allocating its resources among its citizens?
An economic system
What term denotes a nations basis for allocating its resources among its citizens?
An economic system
What are four advantages of using price as an allocating mechanism?
The advantages of using price as an allocating mechanism include that it is a simple system and it is already known. Two other advantages are that it is easy to understand and it is universal.
If processor is allocating in memory configured in system entirely for task give example?
instruction register
What are the 7 different criteria to judge an economic system?
What are the vital criteria use to jugde the performance of the various economics system
