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What is the function of an economic system?
to produce and distribute goods and services
What is function of an economic system?
to produce and distribute goods and services
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
When market governments decide how to distribute wealth money goods and services what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
What is the method used by society to produce and distribute goods and services?
Actually, the correct answer is economic system.
What is the function of an economic system?
to produce and distribute goods and services
What is function of an economic system?
to produce and distribute goods and services
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
When market governments decide how to distribute wealth money goods and services what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
What is the method used by society to produce and distribute goods and services?
Actually, the correct answer is economic system.
What is method used by society to produce and distribute goods and services?
Actually, the correct answer is economic system.
Is the study of how to employ resources to produce goods and services and distribute them among competing groups and individuals?
economics
What term refers to method a society uses to produce and distribute goods and services?
Product market
Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
Economics decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
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_
How does the nations government choose which public goods and services to produce?
The nation's government choose which public goods and services to produce because its a command market which allow the government to make all the choices.
