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Anna71 [15]
2 years ago
8

Because scarcity exists, any strategy for allocating scarce resources must address.

Business
1 answer:
NikAS [45]2 years ago
4 0
  • For whom to produce, How to produce, and What to produce.

Agricultural commodities are a general term for many crops, including fruits and vegetables (cereals, oats, etc. are also sometimes considered agricultural commodities). More specifically, the term produce often means that the produce is fresh and generally in the same condition it was in when it was harvested.

Fruits and vegetables are the main products sold at greengrocers (UK, Australia) and farmers' markets. The term is widespread and commonly used in the United States and Canada, but is not commonly used in other English-speaking countries outside of the agricultural sector.

learn more about the production here.  brainly.com/question/25899399

#SPJ4

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What is meant by the invisible hand? Explain thoroughly using these terms in your explanation; “competition” “self-interest” “se
hodyreva [135]

Answer:

The invisible hand is the term in economics and political philosophy for the invisible mechanism that drives a free market system, coined by economist Adam Smith. Ever since then, it has been a central concept for economists and conservative politicians in their arguments for a pure, non-state intervention free market, laissez-faire policy.  

In his analysis, Adam Smith argued that the free market itself is a mutually beneficial arrangement that occurs in itself, spontaneously, as if some invisible hand is operating, by a chain of thousands of exchanges without participants thinking anything about the consequences.

Therefore, through competition guided by the market participants' self interests, all market participants would benefit in a collateral way, provided that there is a proper self regulation of the market, and not a regulation guided by the government.

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3 years ago
Explain the "Rule of 9 " as it pertains to marketing.
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When measuring burns in adults, the rule of nines assesses the percentage of burn and is used to help guide treatment decisions including fluid resuscitation and becomes part of the guidelines to determine transfer to a burn unit.

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<em>The transfer to the burn unit.</em>

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3 years ago
Why is looking at cash flow an important step in a good financial plan?
antiseptic1488 [7]
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In the past, the study of finance has included Multiple Choice bankruptcy. raising capital. All of the options mergers and acqui
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Before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.

<h3>What is Finance?</h3>

Finance is like an umbrella of activities including banking, leverage, debt, credit, capital markets, funds, investments etc

Hence, before the current time, the study of finance has always included the section of acquisitions, raising capital, bankruptcy etc.

Hence, the Option C is correct because study of finance includes all the following option.

Read more about Finance

<em>brainly.com/question/25773057</em>

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Policies are sometimes defined as a(n)- -
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