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Tanya [424]
3 years ago
5

1. how does demand help societies determine what, how, and for whom to produce?

Social Studies
2 answers:
sweet-ann [11.9K]3 years ago
5 0

According to economic theory, there will be a certain level of "supply" and "demand" for a given product in an economic system.

It is up to this principle that individuals engage in activities in order to provide different types of goods according to the level of demand each of them has. If there is a growing demand for a certain product, individuals within the economic system will probably make efforts in order to produce goods that will supply that demand and make them profit. Demand will stabilize when the price for a determined good represents the maximum amount a buyer is willing to pay for it.

NNADVOKAT [17]3 years ago
3 0
Society needs to make choices about what should be produced, how should those same goods and services be produced
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One of the benefits of establishing policies for the service of alcoholic beverages is that it:.
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One of the benefits of establishing policies for the service of alcoholic beverages is that it ensures uniformity of responsible business practices;

<h3>What is an Alcoholic Drink?</h3>

This refers to the type of drink that contains a certain percentage of alcohol that can intoxicate or inebriate a person that takes it.

Hence, we can see that based on the policies established with regards to serving alcoholic drinks, underaged persons are not allowed and licenses are given and these are done to ensure uniformity.

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8 0
1 year ago
Chandler is dating a woman named harriet. They have the same level of income and work in the same law firm. They decide to get m
allsm [11]

This is an example of a balanced relationship.

<h3>What is a balanced relationship?</h3>
  • It is one in which those involved have the same resources.
  • It is one in which those involved are on the same social and economic level.
  • It is one in which individuals exhibit equality in most respects.

Chandler and Harriet's relationship is balanced by the level of resources they both have, in addition to the egalitarian routine and the same goals for the relationship. This allows them to make decisions about the relationship more leniently, as both can bear any decision equally.

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5 0
1 year ago
When Derek writes his autobiography, he can just concentrate on recalling the events he experienced in the past, without thinkin
IceJOKER [234]

The correct answer to this open question is the following.

Although there are no options attached, we can say that when Derek writes his autobiography, he can just concentrate on recalling the events he experienced in the past, without thinking about the keystrokes he needs to hit. He uses explicit memory in recalling the past events, and implicit memory in hitting the right keystroke.

Scholars consider that you use explicit memory when people have to make a conscious effort to remember something. For instance, if you try to remember your friend's names from elementary school, you have to use explicit memory to make an effort and try to name some of your friends at that time.

On the other hand, when data, names, figures, or any information comes up easily to your mind, then it is said that you use your implicit memory. Ideas and memories easily come to your mind.

5 0
2 years ago
According to the social exchange theory, any of a person's resources can be traded for more, better, or different resources that
NISA [10]

Answer:

The given statement is True. According to social exchange theory, any of a person's resources can be traded for more, better, or different resources that another person possesses.

Explanation:

Social Exchange Theory is basically the study of social behaviors of two parties that interact to implement the cost benefit analysis to determine the risk and benefit factors associated with this interaction. The resources could be a lot, tangible and intangible, like money, intelligence, status, good looks, power, talent, fame, affection, etc.

So according to this theory, any of a person's resources can be traded for more, better or different resources that another person have.

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3 years ago
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