--%>
Assignment Help - homework help

Equality Standard of Income Distribution

When the equality standard of income distribution were adopted: (w) people would be paid the values of their marginal products. (x) family incomes would be identical for families of all sizes. (y) poets and engineers would have the same incomes. (z) government would become communistic.

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

   Related Questions in Microeconomics

  • Q : Ex-ante investment Ex-ante investment :

    Ex-ante investment: This is planned or desired investment throughout a specific period.

    		•
  • Q : Theory of Monopolistic Competition The

    The theory of monopolistic competition was developed through: (1) Alfred Marshall. (2) John Maynard Keynes. (3) Joseph Schumpeter. (4) Edward Chamberlin. (5) Antoine Augustin Cournot. Please choose the right answer

    		•
  • Q : Where is demand perfectly price

    For Pixie's cheesy fried grits demand is perfectly price inelastic at a price of: (w) P4. (x) P2. (y) 0. (z) None of the above.

    Q : Reason why giant corporations dominate

    John Kenneth Galbraith refuses theories which suppose profit maximization in competitive markets. According to him, the big corporations dominate the economic activity as: (1) Corporate managers look for maximum gains for stockholders. (2) Government policies are mani

    		•
  • Q : Quantity supplied to relative change in

    The price elasticity of supply approximately measures the ratio of relative as: (w) profit to the amounts firms supply at different prices. (x) price increase necessary to induce a firm to raise output. (y) change within the quantity supplied to a rel

    		•
  • Q : Profit maximizing strategy Prohibition

    Prohibition Corporation would exactly break-even on its St. Valentine’s Day software when, in place of correctly identifying its profit maximizing strategy, this: (1) operated at point i, charging just $20 per copy and producing

    		•
  • Q : Coefficient of elasticity of relatively

    Please help me to solve the problem that is given below: A relatively price elastic demand curve would consist of a coefficient of elasticity of as: (w) ep = 1. (x) ep > 1. (y) ep < 1. (z) ep

    		•
  • Q : Follow Lower Bond Price Lower bond

    Lower bond prices follow through higher: (w) interest rates. (x) real estate speculation. (y) present value of future income by the bonds. (z) growth rates of national income. Please choose the right answer from ab

    		•
  • Q : Elasticity and profit maximization A

    A nondiscriminating monopolist cannot maximize profits through producing where demand: (w) price elastic. (x) price inelastic. (y) above marginal cost. (z) above marginal revenue. Can someone explain/help me with b

    		•
  • Q : Negatively-sloped straight line in

    When a demand curve is a negatively-sloped straight line, in that case demand is perfectly: (w) elastic where quantity demanded is zero. (x) elastic where price is zero. (y) inelastic where quantity demanded is zero. (z) elastic or inelastic all over

    		•