Compare and Contrast strategies for allocating scarce resources, such as by price, majority rule, contests, force, sharing lottery, authority, first-come-first served, and personal characteristics.
Allocative efficiency represents the most efficient allocation of scarce resources for an economy in the sense that, for any combination of scarce resources, the production of goods and services that occurs is most valued by society.
<em>Hope</em><em> </em><em>it</em><em> </em><em>helps</em><em> </em><em>uh</em><em>!</em><em> </em>
<span>which is a system of acquiring colonies to provide raw materials for a stronger colony?
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Answer:
imperalism
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Answer:
It is a strong evidence that the risk has increased
Explanation:
From the result of the recent study, the risk of congenital abnormalities has increased. In 1980, about only 5% of national children were believed to be affected. However, results from the recent study showed an increase to about 12%
i.e. (46/384) x 100 = 11.97%.
Additionally, assuming the sampling was random, According to the summary statistics attached, the p- value is smaller than the significance level, thus you can concluded that there is significant increase in risk
The process of ranking people based on factors such as weather, gender and ocuupation is known as "Social stratification".
<u>Explanation:</u>
Social stratification relates to a practice by which a community ranks classes of people in a hierarchy. The categorizing of people is based on socioeconomic constituents like wealth, income, occupation, gender, race, education and social status.
There are four principles in social stratification.
- A quality of society, not only a representation of individual differences.
- Social stratification leads to generation to generation.
- Social stratification is common but variable.
- Social stratification includes not just difference but faiths as well.
It is essential and unavoidable because of the necessity to influence people with the required knowledge and skills to choose to pursue careers that are most important to society.
Answer:
c
Explanation:
it supplied the eastern states with a supply of beef