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Is the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individual?
Wiki User
∙ 10y ago
Economics is the broad term for the study of how a society chooses to employ its resources to create goods and services and sitribute them for consumption among the various groups and individuals in a society. There are names for the sub branches of economics, and for the various theories, such as "supply side economics," for creating and consuming goods.
Wiki User
∙ 10y ago
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Is the study of how to employ resources to produce goods and services and distribute them among competing groups and individuals?
economics
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
A situation in which the market does not distribute resources efficiently is considered to be .?
a market failure
What Economics is about allocating resources to produce and distribute?
Economics is about the allocation of resources for the production and distribution of goods and _services_
What are the issues that producers must address to distribute resources?
idkk lol
Is the study of how to employ resources to produce goods and services and distribute them among competing groups and individuals?
economics
How did Jews distribute their resources?
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What is rationale saving decision?
According to the law of economics, Income is a function of savings and consumption. Saving decision by an individual helps to maintain resources for future consumption whenever he feels the demand to.
What is rationale of saving decision?
According to the law of economics, Income is a function of savings and consumption. Saving decision by an individual helps to maintain resources for future consumption whenever he feels the demand to.
How did they gain or distribute resources?
We need the "who" for this question.
What is the ecosystem at Point A?
Answer this question… C.There is no competition for resources.
Great powers competing about?
they were competing about money(economics), navies, armies, amount of resources, etc
What is the ecosystem at Point C?
the beetles are competing for resources .
What is the link between resources and envronmental degradation?
Resources is directly proportional to Environmental Degradation. When consumption from resources is high Environmental Degradation is high. When Consumption from Resources is low Environmental Degradation is low.
Do opposum kill cats?
Yes, they can if they are competing for the same resources.
What does intraspecific competition do to population growth?
If members of the same species are competing for limited resources, then each individual would receive fewer resources when the population size of intraspecific competitors increases. Fewer resources per individual will(1) decrease the growth rates of individuals,(2) increase the chance that individuals die of starvation(3) decrease the number of offspring that a female can produce.
How did the Phoenicians use resources?
For consumption and trade.
