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?

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27-05-2015
Social Studies

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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 :

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HistoryGuy HistoryGuy · Answer 1 · 2015-06-02T11:35:05-04:00

HistoryGuy HistoryGuy

02-06-2015

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"

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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?

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