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Which best answer explains why resources need to be allocated in the game of economics?
Wiki User
∙ 13y ago
There are not enough resources to produce all of the goods and services that everyone wants
Wiki User
∙ 13y ago
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What best explains why resources needs to be allocated in the game of economics?
Resources are not
Which best explains why resources need to allocated in the game of economics?
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
Which of the following best explains why the game of economics cannot eliminate scarcity?
There are not enough resources to produce all of the goods and services that everyone wants.
Which of the following best explains why the game of economics does not have a signal goal?
Evaluation
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
What best explains why resources needs to be allocated in the game of economics?
Resources are not
Which best explains why resources need to allocated in the game of economics?
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
Which of the following best explains why the game of economics cannot eliminate scarcity?
There are not enough resources to produce all of the goods and services that everyone wants.
Which of the following best explains why the game of economics does not have a signal goal?
Evaluation
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
What are best explains why all goals cannot be met in economics?
Some goals are incompatible with each other.
How are resources allocated in market economies?
Mr Gerrard..... well what can i say about him?? in simple terms he is probably the best teacher ever.
How resources are allocated in a market economy?
Mr Gerrard..... well what can i say about him?? in simple terms he is probably the best teacher ever.
How can studying economics help us make better choices about how to use scarce resources?
The study of economics is essentially the study of how to intelligently distribute limited resources in order to best satisfy unlimited wants.
Which of he following best explains why the game of economics does not have a single goal?
different people want different things out of life APEX
What is the best description of macroeconomics?
The study of economics from a broad perspective of the resources and factors of production in an economy
How are resources allocated in a free market economy?
Mr Gerrard..... well what can i say about him?? in simple terms he is probably the best teacher ever.
