--%>

Classified resources within the broad categories

Can anybody recommend me the proper explanation for specified problem regarding how classified resources within the broad categories: (i) Economic goods, free goods, and bads. (ii) Productive and nonproductive goods. (iii) Land, labor, capital, and entrepreneurship. and (iv) Rent, wages, interest, and profits.

Please help me to solve the problem of scarcity that is given above.

   Related Questions in Public Economics

  • Q : Limits of Technological Advances

    Technological advances would not comprise: (i) Native Americans demonstrating Pilgrims how crops grow faster when rotten fish are dropped within with seeds they plant. (ii) pouring coffee through a coffee pot you obtained as a birthday gift. (iii) new

  • Q : Human rights trump property rights I

    I have a problem in economics on Human rights trump property rights. Please help me in the following question. Loosely translated, the laissez-faire signifies: (i) Control and integrate. (ii) Seize the day. (iii) Human rights trump the property rights

  • Q : Opportunity or alternative costs when

    Can two ever live as inexpensively as one? What is the opportunity or alternative costs when marrying someone you love?

  • Q : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

  • Q : Criterion for distributing The

    The requirements criterion for distributing income entails: (1) Government costless offering all goods required for survival. (2) High administrative costs as determining someone else’s wants are difficult. (3) Dividing the national income unifo

  • Q : Predictable outcome droughts in market

    The predictable outcome of the 2001 to 2002 droughts within the U.S. farm belt was to: (w) raise the price and quantity of farm goods sold. (x) stimulate exports of U.S. wheat. (y) reduce the supplies, and increase the prices of farm goods. (z) boost demands and price

  • Q : Global warming Can someone please

    Can someone please explain me that global warming, litter and pollution are all examples of...(v) produced goods, (w) by-products, (x) technological spin-offs, (y) errors in judgment and (z) economic bads. How can I solve my economics problems? Please

  • Q : Illustrate when firm shuts down

    When a firm shuts down within the short run,: w) its loss equals zero. x) its loss equals its fixed cost. y) is creates zero economic profit. z) its total revenue is not huge adequate to cover its fixed cost. How c

  • 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 : In fundamental economic each society

    I need a good answer on the topic of existence in society economically. Please give me your suggestion that The fundamental economic questions that each society should address contain: (i) what, how, and for whom,