0
Rate this Study Guide:
☆☆☆☆☆Developing machines that reduce the human effort needed to produce goods and services.
Stagnating
Subjective
The desire to know what consumers want.
Consumers and producers influence each other in a circular fashion.
Imports increase faster than exports.
What is the most effective allocation?APEX!
Evaluation
Resources must be allocated because there are not enough resources to produce all of the goods and services that everyone wants.
People are often in conflict over what they want.
Debt to equity ratio is a measurement criteria to measure how much debt is used in business as compare to owner's capital to finance the business.
A pipeline is set up to get oil from wells to refineries.
Science can be used to predict the effects of the dam on wildlife.
socialist system
gggg
Allocating Apex
Stagnation
