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Which term is used too describe a situation where most consumers are forced to make decisions based on limited resources?
scarcity
What else can I help you with?
Which term is used to describe a situation where most consumers are forced to make a decision based on limited resources?
scarcity
What describe a situation in which consumers have elastic demand?
Ppl give up eating pasta and breadbc they want to lose weight - apex :)
What word is used for a situation that occurs when there is too little money?
The term "shortfall" is often used to describe a situation where there is too little money available to meet financial obligations or needs. It can refer to a deficit in budgets, funds, or resources, indicating that expenditures exceed income or available capital.
In two to three sentences describe three aspects of a free market economy?
A free market economy is characterized by voluntary exchange, where buyers and sellers make decisions based on their own interests without government intervention. Prices in this system are determined by supply and demand, which helps allocate resources efficiently. Additionally, competition among businesses fosters innovation and keeps prices in check, benefiting consumers and driving economic growth.
What is the term used to describe a situation when increased demand leads to overly steep and often unwarranted price increases?
The term used to describe this situation is "price gouging." Price gouging occurs when sellers raise prices significantly above normal levels, typically during high demand scenarios, such as natural disasters or emergencies, taking advantage of consumers' urgent needs. This practice is often considered exploitative and can lead to legal repercussions in many jurisdictions.
Which term is used to describe a situation where most consumers are forced to make decisions based on limited resources?
scarcity
Which term is used to describe a situation where most consumers are forced to make decisions based on limited resource?
scarcity
Which term is used to describe a situation where most consumers are forced to make a decision based on limited resources?
scarcity
What describe a situation in which consumers have elastic demand?
Ppl give up eating pasta and breadbc they want to lose weight - apex :)
How can be describe a situation in which a shortage occurs?
Consumers want more video-game systems than the company can make.
Describe a customer service situation?
Describe a situation of superior customer service?"
Describe a situation where you had to prioritize personal matter over work?
Describe a situation where you had to prioritize personal matter over work?
Describe a situation where you have had to deal with a difficult customer what did you do what was the outcome?
Describe a situation where you have had to deal with a difficult customer what did you do what was the outcome
How would you describe the best consumers today?
scientific
Term to describe all organisms which are not producers?
Consumers.
Describe a bad situation?
There are millions of ways you could describe a situation. You could describe a situation based on facts or on feelings for example.
What term is used to describe all organisms which are not producers?
Consumers.
