Bcor 1015 final exam 2024 - Study guides, Class notes & Summaries

BCOR 1015 Final EXAM | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What are Hayeks views on planning and decision making? - Answer -he believes in decentralized knowledge HAYEK: what is decentralized knowledge? - Answer -spreading knowledge amongst people is Hayek against centralization? - Answer -yes HAYEK: how does the price system coordinate resources? - Answer - price signals are used to make decisions and send information to other groups because prices ar...

BCOR 1015 Final EXAM | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What are Hayeks views on planning and decision making? - Answer -he believes in decentralized knowledge HAYEK: what is decentralized knowledge? - Answer -spreading knowledge amongst people is Hayek against centralization? - Answer -yes HAYEK: how does the price system coordinate resources? - Answer - price signals are used to make decisions and send information to other groups because prices ar...

BCOR 1015 Final Exam Questions and Answers (100% Pass) What are Hayeks views on planning and decision making? - Answer️️ - he believes in decentralized knowledge HAYEK: what is decentralized knowledge? - Answer️️ -spreading knowledge amongst people is Hayek against centralization? - Answer️️ -yes HAYEK: how does the price system coordinate resources? - Answer️️ - price signals are used to make decisions and send information to other groups because prices are lower or hig...