The price of ice cream increases. In 1 or 2 sentences, explain how and why this affects the quantity of ice cream cones demanded by consumers.
South Africa has a capitalist economic system and resources are allocated based on who can buy them.
Resource Pricing
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
Resources are not
The distribution of economic power between nations determines where materials are needed most. Because, at any point in time, there are finite amounts of natural resources, these resources are distributed where they are needed in the quantities they are needed.
South Africa has a capitalist economic system and resources are allocated based on who can buy them.
Resource Pricing
by the government
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
The answer will depend on the tax jurisdiction. Different countries have different resources allocated for this purpose.The answer will depend on the tax jurisdiction. Different countries have different resources allocated for this purpose.The answer will depend on the tax jurisdiction. Different countries have different resources allocated for this purpose.The answer will depend on the tax jurisdiction. Different countries have different resources allocated for this purpose.
Resources are not
Budget refers to the amount of money allocated for a project or event, while availability refers to the resources, such as time, manpower, and materials, that are accessible for use. In planning, budget determines how much can be spent, while availability determines what can be accomplished within the constraints of resources.
thery not dafty
The distribution of economic power between nations determines where materials are needed most. Because, at any point in time, there are finite amounts of natural resources, these resources are distributed where they are needed in the quantities they are needed.
NIMS specifies how federal and interstate mutual aid resources will be allocated among jurisdictions.
In a capitalist system, the means of production are privately owned and operated. Over time, this results in resources being controlled mainly by large corporations and conglomerates. Capitalism is driven by profit motive, so in a capitalist system, the allocation of resources is decided based on making money according to supply and demand. In a socialist based economy, the means of production are publicly-owned, meaning resources would be allocated according to the needs of the people by a governing body.
Natural Resources are distributed evenly among all nations