Economic problem in all societies

Can someone explain/help me with best solution regarding problem of economic concept of societies...

Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equalizing the income distribution, (3) Maximizing whole social consumption and (4) Needs for goods exceeding the potential accessibility of goods.

View Complete Question

Related Questions in Public Economics

Q : Governmental allocations of goods I

I have a problem in economics on Governmental allocations of goods. Please help me in determining the accurate answer of the following question. Pure capitalism is least reliable with: (i) Governmental allocations of goods. (ii) Laissez-faire policies

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

Q : Problem of macroeconomics in economics

Can anybody advise me the proper explanation for given problem regarding macroeconomics in Economics generally. In macroeconomics, where we examine all things like the: (w) problems of What, How, and For Whom. (x)

Q : When is a good taken as scarce Can

Can anybody suggest me the proper explanation for given problem regarding scarcity in economics generally? A good is taken as scarce when people: (w) lack the funds required to make sure their survival. (x) require

Q : Primarily dealing of positive economic

Please help me to solve the problem of Positive Economics which is specified above. Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable ec

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,

Q : Illustration regarding to market

When the soybean market begins within equilibrium upon S0D0 and in that case a highly publicized study demonstrates yoghurt to be much more nutritious than the tofu made by soybeans, the market changes to: (w) S0D2. (x) S

Q : Technological advance in costs All else

All else equivalent, when the output of one good raises, the output of other goods: (1) Should fall in an underemployed economy. (2) May rise as well when society begins on its PPF. (3) Will drop in an efficient and completely employed economy. (4) Essentially experie

Q : Find an analysis of individual

Analysis of individual households, markets and firms is: (w) macroeconomics. (x) microeconomics. (y) normative economics. (z) positive economics. Hey friends please give your opinion for the problem of Economic tha

Q : Ratios of proportional changes in

he ratios of proportional changes within related variables are expressed numerically termed as: (1) interdependency coordinates. (2) best linear unbiased estimators (BLUE). (3) elasticity coefficients. (4) relative betas. (5) beta feedback estimates.

Discover Q & A

Leading Solution Library

Avail More Than 1418920 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1961041
Asked

3,689

Active Tutors

1418920

Questions
Answered

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

Submit Assignment