It can actually be mentioned that the three questions are decided in the market where the first question what to produce depends on the demand and the necessity of the customer are the people like if the demand more food grains and more food grains would we produce and how to produce is answered by understanding the various technologies and the manpower available in the market where is optimal amount of input combination is decided based on availabilities and who gets the prodcut is decided by the ones who can pay for it and whose willingness to pay matches or is above the given price
Write a one-paragraph response. Consider three of the fundamental economic questions: What to produce? How to...
The three fundamental economic questions are: to produce to produce to produce 1. 2. Fill in the correct type of economic system next to each description of how the three economic questions are answered: traditional, command, or market as decided by a dictator or central authority as necessary for businesses to sell products to the public for a profit the way they have always been answered (according to customs)
The three fundamental economic questions are what to produce, _______ , and for whom. а whyb how c when d where
Write a one-paragraph response. Discuss the two possible market shifts that would cause the equilibrium price of copper to increase.
How does the CRM impact marketing? Write a one-paragraph response.
ummary and Conclusions: Write a paragraph response to each of the following two questions Based on what you learned on the presence and activity of specific enzymes. What, exactly, can happen to an enzyme when its environment changes? How can this effect the rate of a chemical reaction? What is t "denaturation" and how does this process alter the enzyme's ability to function? in this lab, generalize and summarize how chemical reactions in cells are dependent 's physical structure he...
Economic efficiency is the primary guide in answering which of the fundamental questions in a market economy? Multiple Choice O How can the system accommodate change? 0 What will be produced? Who is to receive the output? 0 0 How is the output to be produced? < Prev 15 of 50 !!! Next > Firms are motivated to minimize production costs because Multiple Choice the government provides tax credits and subsidies to low-cost producers. o least-cost production techniques use the...
Please write 1 paragraph for each of the following (total three paragraphs), and each paragraph shall be no more than six sentences. Discuss treatment for obesity. What are long term complications for obesity? (Discuss 2) with a reference thanks
1.Explain how diversity has impacted Australia’s ever-changing economic, employment, social, cultural and political landscape. Write at least one paragraph for each area. 2.Using at least three paragraphs, now write about how Australia’s diverse community has been impacted (consider both positives and negatives) by the changing economic, employment, social, cultural and political landscape.
Consider the following ethical issues: Longest (2016) quotes Beauchamp and Childress (2012): "...no fundamental inconsistency or incompatibility exists between the autonomy of individuals and the authority of government, so long as government's authority does not exceed the limits set by those who are governed" (p. 205). Discuss your perspective regarding the extent to which the the Affordable Care act represents either respect for autonomy or paternalism. The ethical principle of justice (or fairness) may be explained in terms of three...
Answer the following questions in one paragraph (about 50 words) each: 1.) What additional risks and rewards exist only in comparison of international business relative to a purely domestic business? 2.) What facet of international business (such as legal, accounting, cultural, or economic) exists only because the business is international instead of purely domestic? 3.) How can a core competency and comparative advantage benefit you? 4.) Do you receive the best value in the domestic market in acquiring the product...