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   Related Questions in Public Economics

  • Q : Technological change in extracting

    Can someone help me in determining the right answer from the given options. A good illustration of technological change would be a discovery of a: (i) Pool of oil as big as any in Kuwait merely a bit south of Cleveland. (ii) Tenth planet as big as Neptune circling our

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  • Q : Crime punishment suggest by Jeremy

    Suggestion of Jeremy Bentham that crime must be punished proportionally to the harm completed to society, but without consideration of intent, remorse or motive.” His proposal would result within more than the optimal amount of crime due to the:

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  • Q : Occurrence Net economic investment for

    I need a good respond on the topic of Economic problems. So, please give me your suggestion that for the economy Net economic investment as an entire occurs while: (i) Romance novelist Portia Palpitates buys a $4 r

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  • Q : Economics as a region of study

    Economics like a region of study largely focuses upon: (1) class, power and status relationships. (2) Government policies to cure poverty. (3) Scarcity and decision making. (4) Accounting and financial relationships. (5) profit-maximizing business strategies.

  • Q : Allocative Mechanisms and Efficiency

    Allotment of resources and goods through tradition or brute force will most probable outcome in: (i) Inadequately low production. (ii) Equivalent income distributions. (iii) Democratic resource allocation. (iv) Production possibilities growth.

  • Q : Problem regarding costs of buying

    Please recommend me your best answer for given problem. While buying a $70 shirt at Banana Republic maintains you from enjoying the pleasure of a $70 meal at a huge restaurant: (i) Opportunity costs are at play. (ii) You are not be

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  • Q : Define smog as in Bads economics problem

    Smog is: (w) a good since this gives the air texture. (x) a bad because most people would pay to find rid of this. (y) a free good since you could consume all you desire without having to pay for this. (z) an inefficient utilization of resources.

    Q : Define decisionsmaking on opportunity

    Decisions based upon opportunity costs are not concerned in a direct way whiles: (i) you fail to buckle up before driving a car. (ii) a brilliant high school graduate works like a rapid food cook in place of attending college. (iii) lightning starts a main forest fire

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  • Q : Growth and Development-Production

    The production possibilities curve might be shifted outward by: (1) Decreasing unemployment. (2) Reducing the labor force. (3) Limiting the output of capital goods. (4) Raising the amounts or productivity of the resources.

    Q : Illustrates a case of entrepreneurs in

    The economic profits realized through organizing production, bearing uncertainty, taking risks and innovating are rewards to: (i) corporate managers. (ii) astute financial investors. (iii) corporate stockholders. (iv) creative inventors. (v) entrepreneurs.