Which Of The Following Is Not A Basic Economic Question

Which Of The Following Is Not A Basic Economic Question. In england, the government owns industries such as the airline, tv stations, hospitals, universities, and defense contractors. Where are we going to produce the goods and services?

[Solved] Which of the following is not an assumption of the basic from www.coursehero.com

The word "question" refers to a statement asking for a answer or an answer. On a regular basis, you may you to answer questions. Some questions are unanswered requiring explanation, elaboration and etc., while other inquiries have a closed-ended format that requires only a Yes or a No. In certain instances, other people may ask questions that don't necessarily require a reply but only for someone to hear (rhetoric types of questions). According to the structure to the problem, any response following must provide the information the question is looking for. Many students fail their exams not because of their dullness however, they fail to grasp what is asked of them. Inability to communicate the question properly leads to an incorrect action or response. After an excellent presentation, be satisfied when people ask you questions. It could be an indication that the audience was engaged during the presentation , and that the talk enticed others. Your response to these questions will improve the perception your audience has of you or boost their confidence about your product or service. As a professional, you'll have to master the art of asking pertinent questions but also how to respond to questions efficiently.

Before you start answering an inquiry, ensure that it is clear in your mind what the question is about. There's no harm in seeking clarification on the topic being asked. You can ask politely "I apologize, I'm not able to be able to comprehend what you're asking, would you mind rephrasing?" You'll be more effective in such an instance than just ranting about with no any clarity, or even understanding. Keep in mind that the goal of answering questions is to be a positive contributor to the one who is trying to find an answer. Don't take time. Seek understanding first.

Another way to boost the effectiveness of answering any question in an appropriate and objective way is to ensure that you allow the person who asked you the question to finish asking. Some people like to clarify exactly what they want to convey. Answering a question before it is properly asked might seem rude. Don't believe that you know where the query is heading and thus you must assist the individual to understand the question. If you have time allow the person to "ramble" while you note important points. This gives you time to synthesize and think of what is the best way to answer the question. Your ability to listen is what gives the highest success rate in the answer to questions.

You have to establish if you are qualified to answer this issue or is someone else. You are authorized talk regarding this issue (journalists can haunt you even though you're not legally required to be the company spokesperson)? How long should your answer be? The pauses and silences prove that you're just churning up any substance you've got in your mind, but a thought-out answer is on the way. You can actually prepare the person who is waiting for to answer you by declaring "Let me think about it ..., let me think." ..". This way, the person will not sit idle thinking you have not heard and you're just ignoring or ignoring. Being able to think through the issue helps to come up with statements that you won't regret on later. You can identify the most effective approach to address the issue with wisdom without leaving injuries or wounds that are not healed.

The term production refers to: The study of economics includes all of the following except. The four basic economic questions are:

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Producing things which are capable of satisfying human wants. Click card to see the answer.

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Answering these four questions is essential for an economy to function properly. C) public policy should prohibit domestic producers from selling their goods to foreigners.

What Goods And Services Should We Produce?

The relationship between price and quantity bought at that price is called. Active government intervention is necessary to ensure economic growth and stability. The four basic economic questions are:

Which Of The Following Is An Example Of A Good.

On the other hand, many command economies tend to concentrate on the most profitable commodities, such as oil. The idea of free markets is at the core of the market economic system. Which of the following is an example of a service.

Mcq Objective Type Questions And Answers On Economics.

Answering these four questions is essential for an economy to function properly. The firm's production methods use a lot of machinery rather than large numbers of workers. The three economic questions 1.

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A) people's reliance on each other to provide goods and services b) the ability to produce all goods and services c) the relationship between the four factors of production d) the result of a division of labor. By default, your numerical entry is scored as correct if it is within 1% of the correct answer. For something to have value, it must.

View Important Questions At Sheir Economics Mcqs.

Which of the following lists the four factors of production. The study of economics includes all of the following except. Which of the following is not a basic economic question that a society must address?