ThatBuk1602 ThatBuk1602
  • 04-09-2017
  • Business
contestada

Item 1 item 1 in a market system, the allocation of scarce goods involves the consideration of

Respuesta :

Ckaranja
Ckaranja Ckaranja
  • 14-09-2017
In a market system, allocation on scarce goods is pegged on the highest bidder. Whichever buyer who has more resources has the biggest chance of  landing such an item. The downward to this system is that it often leads to inflation.
Answer Link

Otras preguntas

I cleaned 6/9 of my room, and my friend cleaned 2/9 of my room. How much of my room do we still have to clean?
Consider the function represented by the equation y – x – 4 = 0. What is the equation written in function notation, with x as the independent variable?
what's this symbol ( called?
Can anyone please help me? :(
PLEASE HELP ME!!!! The figure shows the location of 3 points around a lake. The length of the lake, BC, is also shown. Which of the following options is closest
I need help please?!!!
The deer population in a region is expected to decline 1.1% from 2010-2020. Assuming this continued how many deer would there be in the region in the year 2060
3. Assume that a company sold 5.75 million motorcycles and 3.5 million cars in the year 2010. The growth in the sale of motorcycles is 16% every year and that o
Explain what is rail way budget and general budget? Plz answer fast
please answer these two before 1:20 pm!!! thanks