charecteristics of market efficiency
Explain the characteristics of market efficiency?
Good economic theories are tends to be: (w) detailed pictures of real-world economic behavior. (x) based upon value judgments. (y) logical and simple explanations of real world behavior. (z) intended at maximizing capitalists' profits. Q : Better off with less in economic Anything of that people would be better off with less is which from given issue: (1) economic surplus, (2) external cost, (3) economic bad and (4) adverse consequence. Hello guys I need your advice. Please recommend some idea for a
Anything of that people would be better off with less is which from given issue: (1) economic surplus, (2) external cost, (3) economic bad and (4) adverse consequence. Hello guys I need your advice. Please recommend some idea for a
The “invisible hand” of Adam Smith explained: (w) a large function for the government. (x) altruist motives within civilized society. (y) technological advances promoted through monopolies. (z) self correcting market mecha
When an economic change makes a huge majority of the population worse off and a minute minority better off, the alteration is: (w) good for society because it made some people better off. (x) bad for society since only a few people ar
When an economic change makes ten percent of the population better off and has no consequence on the economic welfare of the other ninety percent, in that case: (w) the community is better off. (x) the community is worse off. (y) community economic welfare does not ch
The necessary criterion for distribution asserts is that: (i) everyone requires a few luxuries to attain psychological balance. (ii) Output must be distributed in proportion to people’s requirements. (iii) Individual requirements will be met bes
Can anybody suggest me the solution for given problem regarding scientific roles of economists in economics generally. Economists, in their scientific roles: (w) hardly ever choose anything. (x) choose much of econ
Can someone help me in finding out the right answer from the following options. Fee simple rights don’t comprise the right to: (1) Demolish your property. (2) Sell your property. (3) Employ your property for your own advantage. (4) Damage another’s propert
Scarcity is a problem for: (w) poor countries merely. (x) individuals only when they are poor. (y) capitalists, but not socialists. (z) all people and countries, rich and poor alike. Can someone explain/help me wit
Elmer leaves his old mule Betsy and buys a new tractor to plow his fields. It is assumed to be consistent along with Elmer's perception of his best interest since: (w) tractors can plow more than a mule. (x) Elmer is assumed to be a rational farmer. (
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