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Which of the following best explains why goals are necessary for making allocation decisions?

  • Question 6c of 25 - Goals

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following best explains why goals are necessary for making allocation decisions?
  • Answers:
  1. Goods and services are only meaningful once players have decided what goals to use them for.
  2. Goods can only be distributed to consumers once those consumers decide on their goals.
  3. The available resources cannot be used to pursue every goal that each individual has.
  4. Production goals can only be met when enough resources are allocated by the government.

The correct answer is: The available resources cannot be used to pursue every goal that each individual has. Resources are limited, so goals

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