Today at 7:00 AM
Business

Answered

The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
Econominc must make these decisions?

Answer :

ogorwyne ogorwyne

Today at 7:05 AM

The reason why economies must make these decisions is due to the fact that because resources are limited.

What are resources?

These are all of the factors of productions that are used to take care of the needs of man. They are what is is used in the production process for all goods.

It is important to note that human needs are unlimited but the resources that are needed for meeting these needs are only few in number.

Read more on resources here:

https://brainly.com/question/1290230

Answer Link

Other Questions

reference book that contains the words of similar meaning and opposite meanings are called

our college is और कॉलेज इस ड्रेस

Can i sit for jrf/net ater m.Sc through distance education

2+11+11-12-1/2 please anyone answer immediately

change the tense. He (come) to school today

prove that scalar product of null matrix is invariant

Step 2 of the process of identifying a sustainable competitive advantage involves splitting the list of assets into which of the following two categories? A) Ta

While real GDP is one measure of the health of an economy, it doesn't account for income inequality, climate issues, and other factors that are important. A) GD

Consider the following game tree, where one of the leaves has an unknown payoff, x. Player 1 moves first and attempts to maximize the value of the game. A) Mini

Fail to give credit to all sources by documenting source materials with in-text citations. Citations frequently fail to meet formatting expectations essay. A) P

While observational studies can suggest correlations, they cannot determine causation. Controlled experimental studies are needed to determine causation. A) Cro

The model identifies specific, critical leverage points where a firm can use information technology most effectively to enhance its competitive position. A) Str

If there are 2 firms in an industry, one firm with 75% market share and the other with 25% market share, the Herfindahl index (HHI) will have a value of: A) 500

find the area of the circle with diameter of 11mm leaving answer in terms of pi

Which of the following ratios would an engagement partner most likely calculate when reviewing the balance sheet in the overall review stage of an audit? A) Deb

Compare the mineral extraction processes of surface mining to subsurface mining in terms of the benefits and environmental impacts of each mining process. A) Re