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You can make the best economic choices by coming up with a plan for your finances. First, determine how much you make and then decide how much you need for food, bills, living expenses and entertainment. Next, figure out how much money you can save.
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∙ 9y ago
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Examples of economic choices you have to make?
different people make different economic decisions
Why is it necessary to make economic choices?
economic choices are necessary because resources are limited while the human wants are unlimited.one has to make the best choice between or among alternatives according to the given inputs or resources which affect the total feasible output.
What are three economic choices every society must make?
The three economic choices every society must make is what the society will produce, how it will be produced, and who will get what is produced.
People must make choices to satisfy their needs and wants?
Economic
When people have the right to make economic choices what do they live in?
home-based
How do you make the best economic choices?
make a scale of preferences
Examples of economic choices you have to make?
different people make different economic decisions
Why is it necessary to make economic choices?
economic choices are necessary because resources are limited while the human wants are unlimited.one has to make the best choice between or among alternatives according to the given inputs or resources which affect the total feasible output.
What are three economic choices every society must make?
The three economic choices every society must make is what the society will produce, how it will be produced, and who will get what is produced.
Can you give an example of a sentence using the word 'economic'?
It was characteristic of Jim to make thrifty and economic choices.
People must make choices to satisfy their needs and wants?
Economic
When people have the right to make economic choices what do they live in?
home-based
What basic economic choice must people and societies?
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
What basic economic choice must people and societies make?
Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.
Why do producers and consumers have to make choices?
Because these economic actors exist in a condition of scarcity, which means that they must make trade-offs to achieve their desires. Making trade-offs implies economic choices exist.
What is the result of having limited resources in an economy?
People make economic choices about what to do with their resources.
What is the basic economic problem that makes choices necessary?
The basicc economic problem that makes choices necessary is that there are limited economic resources & unlimited human wants.
