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How is an economist defined?
An economist is a scientist specializing in the field of economics, which is the social science that studies human activity directed toward the production, distribution, and consumption of goods and services.
Which of these is the term that refers to a specific group of consumers toward which a company aims its products and services?
target market
What is the term that refers to a specific group of consumers toward which a company aims its products and services?
target market
Example of absolute advantage?
A country has an absolute advantage over another in producing a commodity if it can produce that commodity using fewer resources than the other country. Example, country A can produce widget using one unit of labor, country B can produce one widget using two units of labor, then country A has an absolute advantage over country B in producing widgets.
When there is high inflation in country what are the measures taken by nation govt?
Govt measures inflation status by using economic policy instrument, fiscal and monetary policy directed toward market structure and the level of unemployment rate in the economy, because inflation and unmployment are corrolated. Finaly Govt mesure unemployment through inflation and inflation through unemployment.
what does a objective noun or verb mean?
something toward which effort is directed
What joint warfare fundamental demands that all undertakings be directed toward achievement of common aims?
Unity of Effort
What are the 3 enconomic resources?
Human, Capital and Natural resources.Human resources - The quantity and quality of human effort directed toward producing goods and services (also called labour).Capital resources - Goods made by people and used to produce other goods and services. Examples include buildings, equipment and machinery.Natural resources - "Gifts of nature" that are used to produce goods and services. They include land, trees, fish, petroleum and mineral deposits, the fertility of soil, climatic conditions for growing crops, and so on.
How is economically defined?
Economics is the social science that investigates human activity directed toward the production, distribution, and consumption of goods and services.
Was Sparta or Athens more attractive toward money?
I think that Athens was more directed toward money than Sparta, because they wern't directed toward war and were more about enjoying life than war.
What does 'centripetal' mean?
This word means 'directed toward the center'.
How is an economist defined?
An economist is a scientist specializing in the field of economics, which is the social science that studies human activity directed toward the production, distribution, and consumption of goods and services.
What was the concerted effort by whites toward slaves in 1830?
To Christianize them.
What service would be located toward the pure services end of the goods and services continuum?
Products that are primarily services but rely on physical equipment, such as taxis, are located toward the pure services end.
Toward what area of the cell are the chromosomes being directed?
During metaphase, chromosomes are being directed to the cell's equatorial plane, and during anaphase, chromosomes are being directed to opposite poles of the cell.
What was the main message of Doctrine and toward whom was it directed?
The main message of the Monroe doctrine was that European powers could no longer interfere with the newly independent states of the Americas (it was produced in 1823). It was directed toward all European nation.
How does one refer to the organ or structure toward which the effects of a hormone are directed?
Target organ can be defined as the organ or structure toward which the effects of a hormone are primarily directed. The target organ's activity levels demonstrate change in the course of biofeedback.
