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And since resources also need to be allocated properly, prices have to be right.
In the capitalist world, scarce goods and services are allocated with prices.
She believes that both airspace and airport capacity are best allocated and priced in a way that reflects their use.Congress will have to approve the new funding system, but some lawmakers are not keen.
So droughts must be managed, water better stored, allocated and priced.
We introduce the concept of fair greening, which allows to consider fairness when allocating the price of greening over the DSL users.
So, it's a combination of a real market for well-qualified students, and a kind of simulated market, in which the quota is allocated according to price, for the rest.
The legislation has met resistance from some Republicans who object to the cost of the $100bn-a year bill – 80% goes to the food stamp programme, but some is allocated to the price support that guarantees farmers minimum payments.
You need to know how and when the budgets are allocated, what the price thresholds are for your potential clients and what needs to be delivered to ensure repeat business.
In many cases, allocated proportion and price information of production elements in health care services provided are difficult to acquire, while it is easier to obtain data of inputs and outputs in numbers.
These difficulties and the buoyant price of iron ore and coal, which can be mined far more easily, have led the world's biggest diversified miners to favour those commodities when allocating investment.Copper prices are also likely to stay high because of the lack of good substitutes.
The country's technocrats, unfortunately, are still holed up in offices in Beijing preparing detailed five-year plans and directing the workings of the economy, allocating resources, pricing goods and awarding contracts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com