--%>
Assignment Help - homework help

Human choices and consequences in economics-science relation

Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private enterprise.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Public Economics

  • Q : Explain invisible hand of Adam Smith

    The “invisible hand” of Adam Smith described: (w) a large role for the government. (x) altruist motives in civilized society. (y) technological advances promoted throguh monopolies. (z) self-correcting market mechanisms.

    		•
  • Q : When is Self-interest evident How can I

    How can I solve my following problem? Please suggest me the correct answer. Explain reason Self interest is evident while: (i) A mugger utilizes a $1 bullet upon his victim to take $100 by his wallet. (ii) Helen cr

    		•
  • Q : Problem on private property rights and

    I have a problem in economics on private property rights and laissez faire. Please help me in the following question. The basics of pure capitalism comprise: (i) Social ownership of all non-human resources. (ii) Strong two party electoral system. (iii

    		•
  • Q : Determination of opportunity cost of

    The opportunity cost of any type of decision is measured through the: (w) market price of career and education opportunities. (x) value of the worst optional choice sacrificed. (y) market price of the resources used in production. (z) value of the best optional choice

    		•
  • Q : Most dealing of normative economic

    Normative economic statements deal mainly along with: (w) the way things should be. (x) production possibilities frontier analysis. (y) facts in place of theories. (z) how to measure economic variables. Please choo

    		•
  • Q : Nonexistence of economic problems I

    I need a good answer on the topic of Economic problems. Please give me your suggestion that, when would be Economic problems nonexistent: (v) The world population stopped rising, (w) capitalism were replaced and abolished along with socialism, (x) all human wishe

    		•
  • Q : Why scientific analysis not used to

    Scientific analysis can’t be used to test the economic assertion which: (w) all nation within the world allocates several economic resources from government agencies. (x) most transitional economies consist of experienced difficulties of falling output and incre

    		•
  • Q : Illustrates a case of entrepreneurs in

    The economic profits realized through organizing production, bearing uncertainty, taking risks and innovating are rewards to: (i) corporate managers. (ii) astute financial investors. (iii) corporate stockholders. (iv) creative inventors. (v) entrepreneurs.

  • Q : Closest to a Free Good in economic What

    What would be the closest to a "free good" in economic terms: (i) Local telephone directory assistance, (ii) Air conditioning thrown in when you buy a new car, (iii) Drinking water and (iv) Breathable air of the current atmospheric quality?

  • 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

    		•