Disadvantages of mixed economy system
Tell me what are the disadvantages of mixed economy system?
Expert
The disadvantages of a mixed economy really depend on how "mixed" it is. For example, if it is mixed more towards a free-market, there is little regulation (some may see it as a good), the control may stifle growth if it is mixed more towards a command economy.
Mixed economies can also have many types of such as Each of these will share a disadvantage. A stifle profits due to it's high tax construction, but it will encourage new ideas due to its low regulation (this might result in many weird effects such as an economy comprised almost exclusively of small, well-niche businesses). B will reassure profits, but due to its regulation, some new ideas (and some growth) will be stifled. For instance, if environmental principles are strict, the construction of new plants or refineries might be lowered. This results in a small number of profitable and very large businesses.
State the meaning of Inflationary Gap: This refers to the amount by which the real aggregate demand exceeds the level of aggregate demand needed to establish full employment equilibrium.
Normal 0 false false
Firms along with output having many perfect substitutes for potential buyers confront as: (w) perfectly price elastic for horizontal demand curves. (x) predatory pricing through more monopolistic firms. (y) price elasticity coefficients of zero. (z) s
Definition of law of demand: It is the claim that, other things equivalent, the quantity demanded of a good drops/falls whenever the price of the good increases.
What drives market towards their equilibrium?
Can someone please help me in finding out the accurate answer from the following question. Industry-wide unionization would be most probable to significantly influence the rate of U.S. inflation in short run when it occurred in world-wide: (1) Market for the middle-ma
When two goods have negative price cross elasticities of demand, in that case the goods are: (1) inferior goods. (2) luxury goods. (3) complementary goods: (4) substitute goods. (5) normal goods. Hey friends please
The firm probable to have noteworthy monopsony power in its labor market would be the: (i) Big cotton farm in the Texas hiring migrant workers. (ii) Textile manufacturer in the Hong Kong hiring the factory workers. (iii) Janitorial service organization in London hirin
What is Average Total Cost. Also write down its formula?
Describe the relationship between Total utility (TU) and Marginal utility (MU)? Answer: Discover Q & A Leading Solution Library Avail More Than 1437326 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1931259 Asked 3,689 Active Tutors 1437326 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1931259 Asked
3,689
Active Tutors
1437326
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!