What explains why millions of economic resources tend to get arranged logically and productively rather than...
What explains why millions of economic resources tend to get arranged logically and productively rather than haphazardly and unproductively?
Homework Answers
Millions of individuals have a vested interest of earning huge profits in making the correct decisions about economic resources. The people making the decisions pay attention to the details of the resources under their control. The ones that make good decisions get more resources to control and the bad decision makers are left with few resources. Therefore, most resources are arranged logically and productively rather than haphazardly and unproductively.
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What explains why millions of economic resources tend to get
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