answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What is our main rationing device in the american economy?

The United States economy does not have a rationing device


How does scarcity relate to the need for a rationing device?

Scarcity arises when limited resources are insufficient to meet unlimited wants and needs. This imbalance necessitates a rationing device, which is a mechanism that allocates resources among competing uses. Common rationing devices include prices, first-come-first-served systems, and lotteries. By utilizing these devices, societies can manage resource distribution efficiently and prioritize needs.


Why would rent controls result in higher incidence of racial or age discrimination?

Price serves as a rationing device. Suppliers must determine to whom their production will bedistributed. In a free market economy, this is accomplished through the price mechanism. Thosewho are willing and able to purchase the product will receive the product. Rent controls reducethe ability of landlords to distribute housing services based solely on price. Therefore, they canresort to other mechanisms, such as bribery and favoritism. Unfortunately, some will resort tousing racial or age discrimination as the rationing mechanism.


What are the Advantages of buzzers?

it is an electrically operated device that is good for drawing attention to a condition that requires attention.


What is the main difference between an imput and an output device?

The main difference is in their functions. An input device sends a signal to a main system to be translated, such as a keyboard sending input to a computer. An output device takes a translated signal from the system and relays it, such as a speaker playing music from a computer.

Related Questions

What is our main rationing device in the american economy?

The United States economy does not have a rationing device


How do price act as a rationing device?

prices can not act as rationing device


How do prices act as a Rationing?

prices can not act as rationing device


How much money can you get for a device with flappy bird on it?

How much money you can get for a device with the Flappy Bird game on it depends on the type of device and condition of the device.


Why would rent controls result in higher incidence of racial or age discrimination?

Price serves as a rationing device. Suppliers must determine to whom their production will bedistributed. In a free market economy, this is accomplished through the price mechanism. Thosewho are willing and able to purchase the product will receive the product. Rent controls reducethe ability of landlords to distribute housing services based solely on price. Therefore, they canresort to other mechanisms, such as bribery and favoritism. Unfortunately, some will resort tousing racial or age discrimination as the rationing mechanism.


Can freezing a laptop hurt the LCD screen?

No. 'freezing' generally refers to a software condition. Sometimes, it refers to a permanent hardware condition. A LCD screen is a type of monitor, which is an Output device. No 'freezing' condition can harm an output device.


What is a legal requirement for a Personal Flotation Device?

Must be in good, serviceable condition


What is the difference between toggle condition and race around condition?

A race condition is an undesirable situation that occurs when a device or system attempts to perform two or more operations at the same time, but because of the nature of the device or system, the operations must be done in the proper sequence in order to be done correctly.


What are the Advantages of buzzers?

it is an electrically operated device that is good for drawing attention to a condition that requires attention.


What is an applicant tracking and how does it work?

An applicant tracking can work in many different ways. It is a device that help keep a track of many different applicants in a company or the economy. It's a device used on the computer system.


What is stall condition of motor?

Stoll condition of a motor or Stall torque is the torque which is produced by a device when the output rotational speed is zero. It may also mean the torque load that causes the output rotational speed of a device to become zero - i.e. to cause stalling.Stalling is a condition when the motor stops rotating.This condition occurs when the load torque is greater than the motor shaft torque i.e. break down condition.In this condition the motor draws maximum current but the motor does not rotate.The current is called as Stalling current.


What does reset device to factory settings mean?

Resetting a device to factory settings means it will then be in the same condition as when it left the factory.Example: The factory sets the speed at 1. You changed it to 2. Change it back to 1.