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What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
Why is what to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
Why is to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
What are the three central economic problem?
(i) Which goods should be produced and in how much quantity? (scarcity) (ii) What technique should be adopted for production? (efficiency, PPC) (iii) For whom goods should be produced? (allocation of goods)
What actors and actresses appeared in Packaged Goods - 2003?
The cast of Packaged Goods - 2003 includes: Leah Meyerhoff
How is alum powder packaged?
Powdered alum should be packaged in a sealed air- tight container. It is stored and packaged just like other spices.
What is the purpose of bureau of standards?
The purpose of Bureau of Standard is to ensure that goods are in saleable condition that is all goods are properly packaged,labeled and that thier weight and measures are accurate.
What is the purpose of the bureau of standards?
The purpose of Bureau of Standard is to ensure that goods are in saleable condition that is all goods are properly packaged,labeled and that thier weight and measures are accurate.
How should cytotoxic parenteral products be packaged?
Cytotoxic parenteral products have to be packaged in sealed, leak-proof containers that should not break during transition.
Is an aerospace parts manufacturer a CPG company?
No, an aerospace parts manufacturer is not a CPG (Consumer Packaged Goods) company.
What substances are harmonized under international dangerous goods regulations?
The international dangerous goods regulations do not harmonize substances, they harmonize the regulations on how substances that meed the definition of dangerous goods will be packaged, marked, labeled, documented, and transported.
What is LMPC Certificate?
The LMPC (Legal Metrology Packaged Commodities) certificate plays a vital role in regulating businesses involved in the production, sale, distribution, import, and packaging of pre-packaged commodities. Commonly known as the Importer's License, this certification is obligatory for ensuring compliance with the Legal Metrology (Packaged Commodities) Rules of 2011 in the context of goods imported into India. The Legal Metrology (Packaged Commodities) Rules, 2011, outline the standards and regulations that businesses must follow in labeling, packaging, and selling pre-packaged goods. These rules are in place to safeguard consumer interests by ensuring accurate information regarding the quantity, weight, and other essential particulars of the packaged products.
What are the goods and services in north Carolina?
The main one is tabacco textiles medicine chemicals machinery packaged food and computers
How can food be packaged to ensure the removal of oxygen from the packaged goods?
Step 1: Place food in bag or container. Step 2: Vacuum air from bag container. Step 3: There is no step 3. It's that easy.
What is a sentence for minimally?
The treatment was only minimally successful.
What is neo bulk cargo?
Neo bulk cargo refers to commodities that are neither liquid nor contained in standard shipping containers. These goods are typically loose or unpackaged, such as minerals, ores, grains, and coal, and are transported in large quantities using specialized equipment like bulk carriers or dumping trucks. Neo bulk cargo is usually loaded and unloaded using unique methods, such as conveyor belts or cranes.
