Decision making and outputs as well as prices determination

Particular decision making and how outputs and prices are determined are the mainly focus of: (w) Occam’s razor (x) microeconomic analysis. (y) macroeconomic theory. (z) economic efficiency

Hey friends please give your opinion for the problem of Economic that is given above.

View Complete Question

Related Questions in Public Economics

Q : Explain about the Invisible hand of

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

Q : Determine the opportunity cost while

While people buy something, then its opportunity cost is the: (w) monetary price they paid. (x) enjoyment they get by their purchase. (y) satisfaction they lost by not buying something else. (z) time they should work to pay their bills.

Q : Administrative estimations of peoples

The requirement criterion of distribution usually entails: (1) Greater production incentives than the other systems. (2) Much difficult administrative estimations of people's requirements. (3) Generation of extreme pollution. (4) Dividing national inc

Q : Uses of positive economic analysis Hey

Hey friends I need your help for given problem: Positive economic analysis would be least helpful like a guide to how a society can decrease: (w) specific criminal behavior from punishment. (x) inequality within th

Q : Why is Scarcity existed for human

Scarcity exists since human desires are: (i) minute relative to the means available to satisfy them. (ii) heavily affected by advertising and wants to “keep up along with the Joneses.” (iii) immoral. (iv) controllable merely through brainw

Q : Spending money for enhancement in

Choosing NOT to spend the additional money required to enhance the safety of a dangerous traffic intersection is an illustration of: (v) macroeconomic policy decisions. (w) positive economics. (x) how society assigns prices to human lives. (y) economic inefficiency. (

Q : When is an economic theory a positive

Economic theory is a positive science only to the extent which this yields: (i) scientifically testable predictions. (ii) moral answers to ethical disputes. (iii) absolutely exact descriptions of how the world works. (iv) optimistic, quite than pessim

Discover Q & A

Leading Solution Library

Avail More Than 1449952 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939048
Asked

3,689

Active Tutors

1449952

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment