A link between economic wants and preferences is always the basic needs that are essential for our daily life. Preferences can be made after defining the economic wants and basic needs of the people involved.
interagency
Interagency Coordination
Scarcity: the inability of economic actors to satisfy their wants and need to make trade-offs to achieve their optimal outcome. Opportunity cost: the highest-valued alternative action forgone as the result of taking an action. Link: scarcity implies all wants cannot be met. To meet our wants, we make trade-offs. Trade-offs involve opportunity costs because we must sacrifice alternatives outcomes for the rational (optimal outcome). Therefore, opportunity costs are the price we pay to trade-off in the condition of scarcity.
Rise in investment in a country eventually leads to the rise in economy.
it is caused by the disorder in the economy of a nation which later causes the GDP of the particular nation to decrease.there is a link between this phenonenom and the law of diminishing return.
Sex is the first link in the chain that leads people to need security and all of its trappings. and that is an economic matter. the preferences and needs in the sex life lead one to needing money in order to atract the people one wants to have sex with, sex leads to family responsibilitys responsibiltys lead to econmic requirements.
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interagency
interagency
Interagency Coordination
Interagency Coordination
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Scarcity: the inability of economic actors to satisfy their wants and need to make trade-offs to achieve their optimal outcome. Opportunity cost: the highest-valued alternative action forgone as the result of taking an action. Link: scarcity implies all wants cannot be met. To meet our wants, we make trade-offs. Trade-offs involve opportunity costs because we must sacrifice alternatives outcomes for the rational (optimal outcome). Therefore, opportunity costs are the price we pay to trade-off in the condition of scarcity.
Rise in investment in a country eventually leads to the rise in economy.
try this web link THE ECONOMIC HISTORY OF GERMANY http://www.sjsu.edu/faculty/watkins/germany.htm
See this link for details.