Which Best Explains What Makes Allocation Decisions Necessary

People cannot agree on what kind of allocation will be the most efficient. There are never enough goods and services to satisfy all wants and needs.


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This is one of the main principles of the economic science.

. Lilit 14 8 months ago. Which of the following best explains what makes allocation decisions necessary. There are often different methods of producing the same goods and services.

Which best explains why the game of economics is about setting goals as much as it is about making allocation decisions. Resources are scarce so it is crucial the manner in which the. Allocation decisions are necessary due to the existence of scarcity.

There are different and incompatible economic goalsThere are different and. Which of the following best explains what makes allocation decisions necessary. Consumer decisions affect producers and producer decisions affect consumers The allocation choices is made by the government occur in natural cycles In order to be efficient producers recycle resources back to nature Wages flow in a circular way back and forth between consumers and producers.


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