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What type of economy best fits description the average person has the freedom to make economic decision?
market A+
What three key economic decisions must every economic system make?
The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.
Are all decisions economic decisions?
Economic factors are very important, but people do sometimes make decisions for other reasons. For example, if I decide to buy a blue shirt rather than a brown shirt, and both shirts cost the same amount, then I have made an aesthetic decision rather than an economic decision. But then, there is first the decision that I can afford to buy a shirt, which is an economic decision. People often choose to do things that will bring them economic hardship, such as buying luxuries that they can't really afford, so economics is not always the deciding factor. People may choose to defy economics, although that is very risky.
Because subjective decisions are based on a person's unique values and beliefs economic decisions .?
Economic decisions are based on whether the decision is profitable or not. For instance, businesses make economic decisions about when to hire employees.
How might Siberia make russia an economic success?
Siberia is LOADED with natural resources.
When markets or governments make economic decisions about what goods and service their resources will be use to make what economic decision are they answering?
What to produce
How can you use economic decision-making in a sentence?
Make your own decions
In Which type of economic system does the government make no economic decision?
There are several such systems, but the most popular is the laissez-faire system.
Will Sakura and naruto ever be together?
it might or might not happen.It's ultimately Naruto's decision to make.
What type of economy best fits description the average person has the freedom to make economic decision?
market A+
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
What three key economic decisions must every economic system make?
The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.
How might people have reacted to esmails decision to make the Safavid empire?
the answer is that theyare crazy
When might you ask a third party to make a decision to end a conflict?
by helping people out
When might you ask a third party to make a decision to end the conflict?
by helping people out
Why is it imortant to make an importat decision alone?
Because then it feels like your OWN decision, and not someone else's. You might regret the decision later, but you will also learn, and grow as a person.
What circumstances might cause a person to make a bad decision?
Many circumstances might cause a person to make a bad decision. Some examples are peer pressure, financial pressure, feeling depressed, family pressure, stress, etc.
