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olga_2 [115]
2 years ago
10

Define the following: 1. Allocation of resources 2. Economic system 3. Market economy

Business
2 answers:
denis-greek [22]2 years ago
8 0
  1. Allocation of resources is the assignment of available resources to various uses.
  2. Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
  3. Market economy is an economic system where supply and demand, direct the production of goods and services.
zlopas [31]2 years ago
4 0

<em><u>1. Allocation of resources</u></em>

<em><u>apportionment of productive assets among different uses. </u></em>

<em><u>2. Economic system</u></em>

<em><u>by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.</u></em>

<em><u>3. Market economy</u></em>

<em><u>an economic system where two forces, known as supply and demand, direct the production of goods and services.</u></em>

<em><u>eg</u></em><em><u>:</u></em><em><u> </u></em><em><u>US</u></em><em><u>,</u></em><em><u> </u></em><em><u>Japan</u></em>

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ch4aika [34]
To solve for the cost of goods sold (COGS):
COGS = Net sales - gross profit
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antiseptic1488 [7]

Answer:

The correct answer is c) Increasing government spending in order to increase aggregate demand

Explanation:

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For this problem is necessary an Expansionary policy

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with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that
liubo4ka [24]

With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.

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The best type of strategy that Marriott needs to undertake would be a marketing strategy.

This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.

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Therefore, the correct answer is marketing

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Read more here:

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70,000
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Paid 10,000 owed
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Answer:

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Explanation:

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