0
What is problem of economizing is essentially one of deciding how to make best use of?
Wiki User
∙ 6y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What economic goal does a society consider when deciding the best way to distribute its wealth?
There are various economic goals that a security will consider when deciding the best way to distribute its wealth. The main consideration is equality and ensuring that all parties get a fair share.
Which economic goal does a society consider when deciding the best way to distribute its wealth?
economic effiency
The process of deciding the best way to use an organization's resources to produce goods and services is known as?
management
Why do choices have an opportunity cost?
If it is a choice, then you are deciding between two or more options. The opportunity cost of whatever you decide means you have chosen the best option, with the next best option foregone.
What is construction economics?
It is the total process of economizing construction project from inception to the completion. Here it refers to practicing economical solutions while not sacrificing the benefits or comfort one can obtained from that particular project. In other words it is the process of achieving best of quality in least possible time with best possible lowest cost. "Construction Economics is the construction Project to study of how individuals and groups make decisions with limited resources as to best satisfy client's wants, needs, and desires".
The economizing problem is one of deciding how to make the best use of?
-limited resources to satisfy virtually unlimted wants
What is meant by economizing of resources?
using resources in best way and to their full capacity is known as economizing of resources
What are the 6 stages of the decision-making model?
identifying a problem thinking of possible solutions deciding on the best solution communicating implement evaluate (:
What does occam's razor refer to?
William of Occum was a 14th century friar and philosopher. 'Occum's Razor', essentially, states that if there are a number of solutions to a particular problem, the simplest is usually the best.
What is the best country to work as an auditor?
Deciding which country is the best to work for as auditor is a matter of personal opinion.
What does the sentence mean selecting the best results?
Deciding or picking what is related to what you are (were) looking for.
Best source of information for deciding whether a product meets your needs?
the label
Which best describes the problem Juan faced as he made this decision?
Juan faced a problem of uncertainty and risk as he made this decision. He had to weigh the potential benefits and drawbacks of each option, considering factors such as cost, time, and potential outcomes. Juan had to navigate through limited information and make a choice that he believed would lead to the best outcome.
What economic goal does a society consider when deciding the best way to distribute its wealth?
There are various economic goals that a security will consider when deciding the best way to distribute its wealth. The main consideration is equality and ensuring that all parties get a fair share.
What is the best program to make music?
Garage Band is essentially the best program to create music.
Which economic goal does a society consider when deciding the best way to distribute its wealth?
economic effiency
Can your daughter attend Grimsley IB program if you are in Jamestown?
Best way is if you are deciding to take Hebrew.
