0
What else can I help you with?
Which best explains why resources need to allocated in the game of economics?
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
Why do resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants.
Why resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants.
Which best answer explains why resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants
How are the goods and services allocated?
Goods and services are allocated through various mechanisms, primarily market economies, command economies, and mixed economies. In market economies, allocation is determined by supply and demand, where prices signal to producers and consumers how much to produce and consume. In command economies, the government makes decisions about allocation based on central planning. Mixed economies utilize a combination of both market and government interventions to achieve efficient allocation.
How are the goods and services allocated in south Africa?
SMD
Which best explains why resources need to allocated in the game of economics?
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
Why do resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants.
Why resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants.
How are the resources allocated in Brazil?
by the government
Which best answer explains why resources need to be allocated in the game of economics?
There are not enough resources to produce all of the goods and services that everyone wants
What are goods and services produced in Brazil?
goods=coco beans, caoco beans, and coffe beans services=making cars and trucks, steel, iron, and many other goods
Did Brazil qualify for the 2014 FIFA World Cup?
Yes, as the hosts, Brazil were allocated automatic qualification into the event.
What are some goods made in Brazil?
Brazil nuts
What are the reasons why you study economics?
So you can understand how the economy's work.
How are goods and services distributed in England?
Public goods and services are distributed and scarce resources are allocated to them by the UK Government. Private goods and services are distributed by privately or publicly owned businesses, which can be from overseas or domestic. As far as I'm aware this is the same for every country in the world apart from a few which are totally command and thus all scarce resource allocation is done by the Government but these are rare if not practically non-exsistent now.
How do you place a value on money?
By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.
