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What prompts efficient resource allocation in a well-functioning market system?

A number of things will prompt efficient resource allocation in a well-functioning market system. The quantity and the price of the commodities are the main aspects.


What is stimulus fading?

Stimulus fading is a behavioral technique used primarily in teaching and training contexts to gradually reduce the prompts or cues provided to a learner. Initially, a strong or prominent stimulus is used to elicit a desired response, and over time, the intensity or presence of that stimulus is systematically decreased. This approach helps learners become more independent by encouraging them to respond correctly without relying on the initial prompts. It is often employed in special education and applied behavior analysis to promote skill acquisition.


What does stimulus mean in pe?

In physical education (PE), "stimulus" refers to any factor or activity that prompts a physiological or psychological response in an individual. It can include various forms of exercise, training techniques, or environmental conditions that challenge the body and mind. The goal of using stimuli in PE is to enhance performance, improve fitness, and develop skills through appropriate challenges and adaptations.


When you say that a price is too high to clear the market you usually mean what?

When a price is too high to clear the market, it means that the quantity supplied exceeds the quantity demanded at that price level. As a result, there will be unsold goods or services, leading to excess supply. This situation often prompts sellers to lower prices to stimulate demand and reach a market equilibrium where supply equals demand.


When the price line is below the equilibrium point what will occur?

When the price line is below the equilibrium point, there will be a shortage in the market, as the quantity demanded will exceed the quantity supplied at that price level. This imbalance prompts sellers to raise prices due to increased competition among buyers. As prices rise, the quantity demanded typically decreases while the quantity supplied increases until the market reaches equilibrium again.

Related Questions

What prompts efficient resource allocation in well functioning market system?

business operating for a profit


What prompts efficient resource allocation in a well-functioning market system?

A number of things will prompt efficient resource allocation in a well-functioning market system. The quantity and the price of the commodities are the main aspects.


Is the so what factor of risk assesment?

The "so what" factor in risk assessment refers to the significance of identified risks and their potential impact on an organization or project. It prompts stakeholders to consider not just the existence of risks, but also their implications for decision-making, resource allocation, and strategic planning. Understanding the "so what" helps prioritize risks and develop effective mitigation strategies, ensuring that attention is focused on the most critical issues. Ultimately, it connects risk assessment to actionable insights and organizational objectives.


What are some prompts for kids poems?

There are many sources of prompts for kids poems on the internet. Poetry4Kids and Scholastic both publish numerous prompts for kids poems on their websites.


Does vibe navigation unit have voice prompts?

yes is does have voice prompts. you have to increase the volume in the setup?


Do you have to stick to essay prompts?

no


What service does the website Open Diary offer?

Open Diary offers service to people by providing a clean efficient way to post a public online diary or blog. There are many things to write even with the suggested prompts from other users.


Word that begins with the prefix mis and means prompts a kiss?

It doesn't MEAN "prompts a kiss," it DOES prompt a kiss, and it is mistletoe.


What prompts John Thornton and his partners to travel east and leave Dawson?

gold prompts john thorton to leave dawson


What does understanding writing prompts mean?

UTOT !!


What prompts Macbeth to kill duncun in macbeth?

i do not no


What are some of AED prompts you might hear?

Some AED prompts are: analyzing, do not touch the patient, check the patient for breathing and a pulse, and shock now.