The advantages of using price as an allocating mechanism include that it is a simple system and it is already known. Two other advantages are that it is easy to understand and it is universal.
The three problems of allocating goods and services using the non-price related methods is that it may lead to the exploitation of the customers, price fixing and may lead to huge loses.
glen
advantages of payback period?
Three advantages of using credit would be 1 being able to get a morgage, 2 rent a car and three ability to cover emergency expenses
"There are many advantages of using the Discovery credit card. You can get cash back at various different restaurants, discounts on travel and savings in monthly payments."
Advantages of using price as an allocating mechanism are that it's a basic system and is already well-known. Other advantages are that it's easy to understand and the principles are universal in nature.
A system of allocating scarce goods and services using criteria other than price is _____.
The three problems of allocating goods and services using the non-price related methods is that it may lead to the exploitation of the customers, price fixing and may lead to huge loses.
rationing
An advantage of the market mechanism over government intervention as a method of allocating resources is efficiency. The forces of demand and supply create automatic economic order.
The advantages of using DSW coupons are the same as using any other type of coupons. Using a coupon allows you to reduce the price of the item drastically.
advantages of using different units of measuremenys shopping at supermarket is we can know the price easily without cheating
There are many advantages towards using a public pool and one being the price, the price is much cheaper compared to a private pool. Also in public pools you can meet others.
The advantages of using Graffiti Studio are many. They include discounts at services. It is only $49 for a haircut and partial highlight with one color, while the original price is $110.
Some advantages of using a Canon mp780 ink are: It scans at 2,400 x 4,800 dpi resolution, prints good quality and sharp pictures (for the time it was released and price)
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
The main advantages are price, compatibility, and the ability to modify hardware easily.