What does the term "economizing problem" mean for an individual and for society? As part of your answer, include the...

What does the term "economizing problem" mean for an individual and for society? As part of your answer, include the four economic resources and the opportunity cost in your answer. ALSO... define by example (one sentence each) the following: "other things equal" assumption, productive and allocative efficiences and consumer sovereignty.

Answer Submitted by Stanford Writer on Sat, 2013-10-19 00:09teacher rated 313 times 4.41853price: $0.00 Economizing problem