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Rationing is a system to allocate goods and services without the use of prices.
Rationing is when people receive a ration coupon that entitles them to a certain amount of a product.
What else can I help you with?
Define globalisation in terms of economics?
Explain the role of an economist
Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
Is the absolute price of a good is the price of that good in terms of another good?
No, the absolute price of a good refers to its price expressed in a specific currency, such as dollars or euros. In contrast, the relative price of a good is its price in terms of another good, representing the opportunity cost of choosing one good over another. Thus, absolute price and relative price are distinct concepts in economics.
What is the price elasticity of the construction industry?
There's no way to answer this question as it's posed.Do you mean the price elasticity of DEMAND for new construction, which says how much (in percentage terms) more construction will be demanded for a 1% decrease in price?Or the price elasticity of SUPPLY, which says how much (in percentage terms) more construction will be supplied for a 1% increase in price?
Explain cardinal utility approach?
it can be expressed in exact unit and is measurable in monetary terms.
Are the terms off-price and discounting interchangeable?
Are the terms off-price and discounting interchangeable? Explain.
Which two terms are related balance second or mass Explain how the terms are related?
seconds are up to 60 and mass is unlimited
Explain how the terms evaporation and condensation are related?
because they are both chainging a liquid to a gas or a gas to a liquid
What is the best IT company in the Brisbane or Gold Coast area in terms of service or price?
Check out the related link.
How are these terms related?
How are these terms related? Plausible : Believabl
What are the terms related to poultry terms related to poultry?
terms associated with poulty
Explain budget and how budget corporate objective and long term plans are related?
budget is a money where you will not spend all your budget so that you have longer terms of it or plans.
Define rationing in terms you can understand?
limits set on the amount of certain goods people can buy. (at least that's what it says on my textbook :D )
Explain what is meant by feedback in terms of acquiring skill?
Explain what is meant by feedback
How do the prefixes in the terms adduction and abduction explain their possible muscle movement?
how do prefixes in the terms adduction and abduction explain their possible muscle action
What explain technical terms or translates terms on a map of a foreign area where the terms used are not English?
The Glossary
How Indian society can be explain in terms of joint family?
explain how it can help indian sociaty
