Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

In a market economy, what is the basis for determining the allocation of factors of production? the market share of companies the needs of the

In a market economy, what is the basis for determining the allocation of factors of production? the market share of companies the needs of the country the pattern of consumers' spending the wealth of entrepreneurs 25:33

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Econometrics A Modern Approach

Authors: Jeffrey M. Wooldridge

4th edition

978-0324581621, 324581629, 324660545, 978-0324660548

More Books

Students also viewed these Economics questions

Question

★★★★★

A dc servomotor drives the x-axis of a NC milling machine table. The motor is coupled directly to the table lead screw, whose pitch = 6.25 mm. An optical encoder is connected to the lead screw. The...

Answered: 1 week ago

Question

★★★★★

The Rose Corporation is one of two sellers of paint. It pursues a tit-for-tat strategy. However, it has great difficulty in telling whether its rival is secretly cutting its price. What problem is...

Answered: 1 week ago

Question

★★★★★

=+b) Add a lag1 component to the model of (a). How does it change the coefficient of Year?

Answered: 1 week ago

Question

★★★★★

Hewlett-Packard (HP) is a leading direct marketer of computers and peripherals. The company made a profit of $7,074 million on sales of more than $127 billion in the year ended October 31, 2011. 1....

Answered: 1 week ago

Question

★★★★★

At the end of 2016, ABC Company paid a dividend of \$18. Analysts estimate that dividends will increase at a rate of 4% until the year 2021. From 2021, dividends will increase at a rate of 3%...

Answered: 1 week ago

Question

★★★★★

Recent college graduate on his first interview. (Two ways some non-verbal cues can help his "message" and two ways some non-verbal cues can "hurt" his message). Sales representative using e-mail to...

Answered: 1 week ago

Question

★★★★★

The form of energy processed by vision is ______________. Question 20Answer a. Sound waves b. Light waves c. Chemical signals d. Electric impulses

Answered: 1 week ago

Question

★★★★★

This is based on the plastic straw articles below. Be sure to base your analysis on the snippets provided. Be specific in the analysis, especially for the industries and the stakeholders. Based on...

Answered: 1 week ago

Question

★★★★★

Supply chain manager proposes two altenatives 4 week lead time reduction by workign with alternative supplier or Reducing the number of DCs 10 reduction in number of DCs a. Which alternative do you...

Answered: 1 week ago

Question

★★★★★

A lab technician wants to measure the terminal voltage of a battery connected to a load resistor R-2 Q. The battery has r 0.50 internal resistance and emf e-5V. The lab technician being amateur...

Answered: 1 week ago

Question

★★★★★

Julia mark and Peter own a rental property as tenants in common. Julia owns a 40% share, mark owns a 35% share and Peter owns the remaining 25%. the property generates $2000 in rental income for the...

Answered: 1 week ago

Question

★★★★★

what is cpm and its significance

Answered: 1 week ago

Question

★★★★★

5. What is meant by the statement, when we attribute a different meaning to a situation, the situation will consequentially change for us?

Answered: 1 week ago

Question

★★★★★

10. Using a conflict in your local community as your starting point, discuss how conflicts can be resolved using the following strategies: a) Making the cake bigger b) Providing compensation that is...

Answered: 1 week ago

Question

★★★★★

9. What is meant by the statement, the context is only relevant to us if we understand what it is trying to say?

Answered: 1 week ago

Previous Question Next Question