Using complete sentences, describe how to use economizing when making a decision.

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Social Studies

Makena Hansen

31 October, 10:55

Using complete sentences, describe how to use economizing when making a decision.

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Brenden Ferrell · Answer 1

Making decisions to solve the economizing problems:

First and the foremost include the choices that are we must limit our wants and must use limited sources. In the case of production the productive efficiency the fixed technology and fixed resources must be solved.

The marginal cost and the marginal units must be considered to produce more efficient output. So the basic steps include limiting the needs of unlimited wants and must limit the usage of resources.