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What best explains why resources needs to be allocated in the game of economics?
Resources are not
Which best answer explains why resources need to be allocated in the game of economics?
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
What are best explains why all goals cannot be met in economics?
Some goals are incompatible with each other.
What best explains why resources needs to be allocated in the game of economics?
Resources are not
Which best answer explains why resources need to be allocated in the game of economics?
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
What are best explains why all goals cannot be met in economics?
Some goals are incompatible with each other.
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
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
Which of the following best explains why large companies have an advantage over smallercompanies?
Economics of scale make it possible to offer lower prices
What best explains why players in the game of economics are often in conflict with each other?
Some economic goals are incompatible with each other.
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.
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 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.
