When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, what basic economic question are they answering?

Question

Social Studies

Answered

When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, what basic economic question are they answering?

Sagot :

ID Other Questions

At The Fast Food Restaurant, An Order Of Fries Costs $0.98 And A Drink Costs $1.18. How Much would It Cost To Get 3 Orders Of Fries And 5 Drinks? How much Woul

Wet Snow Is Best For Snow Man Building

A Line Passes Through The Points (0, –7) And (5, –10). What Is Its Equation In Slope-intercept Form?

If A And B Are Two Angles In Standard Position In Quadrant I, Find Cos(a-b) For The Given Function Values. Sin A=4/5 And Cos B=5/13 1) -33/65 2) 33/65 3) -63/65

Homework: A Necessary Evil Some People Say Homework Is The Most Important Teaching Tool. Others Say It’s Just Meaningless Work. But The Truth Is That Homework I

What Changes Dead Plants And Animals Into Ammonia Compounds? decomposing Bacteria And Fungi nitrogen Fixing Bacteria plant Assimilation denitrifying Bacteria

Solve For The Value Of D

A Brown Hare Travels 32 Meters In 2/3 Of An Hour If It Travels At A Constant Rate How Many Meters Will It Travel In 1 Hour

Jacob Distributed A Survey To His Fellow Students Asking Them How Many Hours They Spent On The Internet In The Past Day. He Also Asked Them To Rate Their Mood O

Please Help I'll Mark BrainliestQuestion: What Is The Final Cost Of A Night Out Where The Dinner Cost $50, And You Left A 20% Tip.Make Sure To Include Units And

HistoryGuyid HistoryGuyid · Answer 1

HistoryGuyid HistoryGuyid

When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, they are trying to determine "supply and demand"

Answer Link