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Which department is concerned with the efficient use of your national resources in order to create a more productive economy?
The department that is concerned with the efficient use of your national resources in order to create a more productive economy is the Bureau of Economic Analysis. This provides economic statistics including the GDP.
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
What is the key economic concept that serves as the basis for the study of economics is?
efficient use of limited productive resources to satisfy economic wants.
Which department is concerned with the efficient use of our natural resources in order to create a more productive economy?
Health and human services.
When a successful business is able to use and sell its productive resources effectively the business is able to make a(n)?
When a successful business effectively utilizes and sells its productive resources, it is able to make a profit. This efficient management of resources leads to increased productivity and competitiveness in the market. As a result, the business can reinvest in growth, innovate, and enhance its overall sustainability. Ultimately, this creates value for both the company and its stakeholders.
Which department is concerned with the efficient use of your national resources in order to create a more productive economy?
The department that is concerned with the efficient use of your national resources in order to create a more productive economy is the Bureau of Economic Analysis. This provides economic statistics including the GDP.
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
What is the key economic concept that serves as the basis for the study of economics is?
efficient use of limited productive resources to satisfy economic wants.
Which department is concerned with the efficient use of our natural resources in order to create a more productive economy?
Health and human services.
When a successful business is able to use and sell its productive resources effectively the business is able to make a(n)?
When a successful business effectively utilizes and sells its productive resources, it is able to make a profit. This efficient management of resources leads to increased productivity and competitiveness in the market. As a result, the business can reinvest in growth, innovate, and enhance its overall sustainability. Ultimately, this creates value for both the company and its stakeholders.
What is use of energy resources in ways that are most productive called?
The efficient use of energy resources in ways that maximize output or benefit is referred to as energy productivity. This involves optimizing the use and management of energy resources to achieve more with less energy input.
What is a word for getting a lot done?
Productive, Efficient, Beneficial
How is efficiency attained in the ppf?
Efficiency on a production possibility frontier (PPF) occurs when resources are allocated to their most productive use. This means that all available resources are utilized fully and there is no waste. Any point on the PPF represents an efficient allocation of resources because it shows the maximum possible output that can be produced with the given resources.
When a person is being productive with little waste what are they being?
Efficient
Encourages businesses to be efficient in their use of resources?
Competition
What encourages businesses to be efficient in their use of resources?
competiton
What is the efficient use of resources called?
It is called "Conservation". &: )
