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What people usually seem to mean is to cut costs. Putting less into a product or service in hopes of getting more out of it. There is a limit though to economizing. You can cut or control people wages for so long before they look for work elsewhere. You can find less expensive inputs into the products you make but quality eventually suffers. Economizing is fine so long as you keep it in perspective or you'll find economize can cost a lot in the end.
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The economizing problem of economics is..........?
That productive resources are scarce relative to economic wants.
What is noun of economize?
The noun forms for the verb to economize are economizer, economization, and the gerund, economizing.
What is meant by economizing resources?
The fators on which the economy depends are called the Factors of production.These factors are in fact the agents of production.They are used to assist the production of goods and services.The Factors used in the production process are called the IMPUTS and the resulting finished goods are called the OUTPUTS.The factors are divided into land,labour,capital and entrepreneurship.
What is the definiton of economizing behavior?
Considering the costs and benefits of various alternatives and choosing the one with the greatest net benefits.
What is meant by the phrase supply in global economy?
What is meant by the current description of the global economy that "time in distance have been collapsed or compressed
What is meant by economizing of resources?
using resources in best way and to their full capacity is known as economizing of resources
What are synonyms of thrift?
saving, economizing, providence, carefulness
What is the synonym of thrift?
saving, economizing, providence, carefulness
What is noun of economize?
The noun forms for the verb to economize are economizer, economization, and the gerund, economizing.
The economizing problem of economics is..........?
That productive resources are scarce relative to economic wants.
What is meant by economizing resources?
The fators on which the economy depends are called the Factors of production.These factors are in fact the agents of production.They are used to assist the production of goods and services.The Factors used in the production process are called the IMPUTS and the resulting finished goods are called the OUTPUTS.The factors are divided into land,labour,capital and entrepreneurship.
What is the affix for economize?
The noun forms of the verb to economize are economizerand the gerund, economizing.
What is the definiton of economizing behavior?
Considering the costs and benefits of various alternatives and choosing the one with the greatest net benefits.
The economizing problem is one of deciding how to make the best use of?
-limited resources to satisfy virtually unlimted wants
What types of trees and shrubs should I plant when I am economizing because of being in a drought state?
You want desert grasses and what they call suculants.
What is the meaning of skimpy?
# Inadequate, as in size or fullness, especially through economizing or stinting: a skimpy meal. # Unduly thrifty; niggardly.
Why is there a need for economizing resources?
People need resources to fulfill there requirements and comforts .For eg -we can communicate with anyone living far from us by a mobile or by landline .So they both are resource as they are fulfilling our requirements.
