Based on economic theory of a person wants to purchase

Asked by maham237 @ in Advanced Placement (Ap) viewed by 697 People

a large stereo system, what must necessarily occur? creation of resources analysis of resources allocation of resources production of resources

Answered by maham237 @


ANSWER: Allocation of resources

EXPLANATION: In order to purchase any item in economic theory, allocation of resources is necessary. This is assignment of limited available resources to various uses when it is necessary. In this case, the buyer needs to allocate his resources which is money to acquire the product. Creation, Analysis and Production of resources are done without even a\having any target of acquiring any product which makes it an indirect link to the purchase of the large stereo system.


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