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What are the advantages and disadvantages of allocating resources through the public sector?
The advantage of allocating resources in the public sector is that resources can be produced based on demographic needs. The disadvantage of allocating resources is that there is room for corruption if the wrong individuals are chosen.
Is a structure for allocating scare resources?
An Economic system
What is a structure for allocating scarce resources.?
An economic plan
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
What does Economics do with resources when it comes to the production and distribution of goods and services?
Allocating
What are the advantages and disadvantages of allocating resources through the public sector?
The advantage of allocating resources in the public sector is that resources can be produced based on demographic needs. The disadvantage of allocating resources is that there is room for corruption if the wrong individuals are chosen.
Discuss the shortcomings of the market in allocating resources?
"Discuss the shortcomings of the market in allocating resources?" how the intervention of gov will attempt to correct the maket shortcoming?
Is a structure for allocating scare resources?
An Economic system
What is a structure for allocating scarce resources.?
An economic plan
Is a structure for allocating scarce resources?
An economic plan
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
Advantage and disadvantage of trying to plan and predict what people will demand and allocating a country's resources on that basis?
What does Economics do with resources when it comes to the production and distribution of goods and services?
Allocating
What does economic do with resources when it comes to the production and distribution of goods and services?
Allocating
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
What is the role of prices in allocating resources in a market economy?
This is from P.47 . right ?
What term denotes a nation's basis for allocating its resources among its citizens?
An economic system
The classical model depends on the market with instead of the government allocating the resources of the nation?
price
