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In what ways are the three economic systems alike what are the major differences?
The three economic systems are the command economy, the free-market economy, and the mixed economy; they are all the same because they refer to the production and circulation of goods and services. In the command economy all resources are owned by the government, in the free market economy all resources are owned privately, in the mixed economy resources are owned by both.
When A situation in which the market does not distribute resources efficiently is considered to be?
a market failure
A situation in which the market does not distribute resources efficiently is considered to be .?
a market failure
How does market and government differ in allocation of resources?
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
What are three productive resources?
Human resources, Natural resources, Capital resources
In what ways are the three economic systems alike what are the major differences?
The three economic systems are the command economy, the free-market economy, and the mixed economy; they are all the same because they refer to the production and circulation of goods and services. In the command economy all resources are owned by the government, in the free market economy all resources are owned privately, in the mixed economy resources are owned by both.
What is the market cap for Trecora Resources TREC?
As of July 2014, the market cap for Trecora Resources (TREC) is $292,151,223.00.
What is the market cap for BlackRock Resources BCX?
As of July 2014, the market cap for BlackRock Resources (BCX) is $577,533,844.00.
What is the market cap for Pope Resources POPE?
As of July 2014, the market cap for Pope Resources (POPE) is $299,101,878.94.
When A situation in which the market does not distribute resources efficiently is considered to be?
a market failure
What sre 3 examples of resource markets?
Three examples of resource markets include the labor market, where employers hire workers for their skills; the capital market, where financial resources such as stocks and bonds are traded; and the raw materials market, where natural resources like oil, minerals, and agricultural products are bought and sold. Each of these markets plays a crucial role in the economy by facilitating the allocation of resources necessary for production and growth.
A situation in which the market does not distribute resources efficiently is considered to be .?
a market failure
How does market and government differ in allocation of resources?
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
What is the market cap for Quicksilver Resources Inc KWK?
As of July 2014, the market cap for Quicksilver Resources Inc. (KWK) is $372,405,474.00.
What is the market cap for OCI Resources LP OCIR?
As of July 2014, the market cap for OCI Resources LP (OCIR) is $501,453,018.00.
What is the market cap for Sprague Resources LP SRLP?
As of July 2014, the market cap for Sprague Resources LP (SRLP) is $523,613,823.04.
What is the market cap for Petroleum Resources Corporation PEO?
As of July 2014, the market cap for Petroleum Resources Corporation (PEO) is $809,141,857.64.
