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How would you describe an economy that uses it resources to make the greatest possible number of a good and services?
Wiki User
∙ 12y ago
Efficient.
Wiki User
∙ 12y ago
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How would you describe the free-rider problem?
The term "free-rider" describes an individual that receives goods, services, or resources that they do not pay for. Free-riders present a problem if resources are overused or degraded, or an under-provision develops of goods or services.
Economics is about the production of goods and services which requires the allocation of what?
Resources
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
What is the importance of human resources services?
Human resources services are the backbone of the organization. Without human resources there will be no hiring no firing of the emplyees, thus unemployment may become an issue. Human resource gives all the new plans of the services to the organzation, Have check and balance to the organizational profitabilty.
How would you describe an economy that uses resources to make the greatest possible number of goods and services?
Efficient.
How would you describe the free-rider problem?
The term "free-rider" describes an individual that receives goods, services, or resources that they do not pay for. Free-riders present a problem if resources are overused or degraded, or an under-provision develops of goods or services.
What is your source for DIACAP resources and knowledge services can be discovered through your relationship and support from?
source for DIACAP resources and knowledge services
What support can your source for DIACAP resources and knowledge services can be discovered through your relationship and support from?
source for DIACAP resources and knowledge services
Economics is about the production of goods and services which requires the allocation of what?
Resources
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
Describe the three fold mission of the emergency medical services ems system?
The three fold mission of the emergency medical services EMS system is as follows: 1. Low average response time 2. Make best use resources 3. Dominate emergency medical services field
What is the DIACAP resources and knowledge services?
DISA
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
What does economist mean by the term Land?
all Natural Resources used to produce goods and services.
Which social scientist primarely studies how people change resources into goods and services?
An economist primarily studies how people change resources into goods and services.
Why goods and services are scarce?
All resources are scarce.
