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workers
Pansy Bednar
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In economics All goods and services that exist must be made by?
workers
In economics all goods and services that exist must be made by what?
Workers or Producers
What are the basic problems of economics?
What to produce? A nation must determine what good or services that they want to produce. How many and when?How to produce? Who will do the production, the resources and what production techniques they will use.For whom to produce? Who will gets the services and who will buy the goods produces.
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
Who must know the scientific definition of economics?
Everyone studying Economics.
In economics All goods and services that exist must be made by?
workers
In economics all goods and services that exist must be made what?
Workers or Producers
In economics all goods and services that exist must be made by what?
Workers or Producers
What are the basic problems of economics?
What to produce? A nation must determine what good or services that they want to produce. How many and when?How to produce? Who will do the production, the resources and what production techniques they will use.For whom to produce? Who will gets the services and who will buy the goods produces.
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
What good and services must be produced and in what quantities?
For what?
Who must the scientific definitions of economics?
everyone studying economics
Who must know the scientific definition of economics?
Everyone studying Economics.
Who must know all thescientific definitions of economics?
Everyone studying economics
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.
What economics decision?
a decision that depends on the economy that is currently in place. the decision must depend on the economy of the time that the decision is made.
Managerial economics is an art or science.explain?
Both! The ideas and concepts behind managerial economics all have a scientific basis. Some managerial decisions made using managerial economics can employ scientific explanations. On the other hand, many managerial decisions made using the concepts of managerial economics are very subjective. One must, for example estimate the intentions of competitor firms. While some of this is scientific, some of it is luck and some of it is an art.
