--%>
Assignment Help - homework help

Income sufficient to physical survival

The view about all people is entitled to income sufficient to comfortably sustain their physical survival is termed as the: (1) survival standard. (2) contribution standard. (3) needs standard. (4) standard deduction. (5) equality standard.

Please guys help to solve this problem of Economics with some explanation.

   Related Questions in Microeconomics

  • Q : Labor Supply-Elasticity I have a

    I have a problem in economics on Labor Supply-Elasticity. Please help me in the following question. When we try to list the labor supplies from least elastic to the most elastic, then the most accurate ranking would most likely be: (i) Competitive fir

    		•
  • Q : Generate entry and exit long-run

    Purely competitive firms regulate to the optimum size within the long run since: (w) managers are more interested in efficiency than profit. (x) entrepreneurs want to do what is good for society. (y) entry and exit generate long-run equilibrium where

    		•
  • Q : Marginal factor Costs problem I have a

    I have a problem in economics on Marginal factor Costs. Please help me in the given question. The synonymous words marginal factor costs or marginal resource costs signify to the: (i) Cost incurred in generating an additional unit of the capital. (ii)

    		•
  • Q : Pricing for profit-car parking The

    The owner of a city centre car park desires to know the best price to charge for parking throughout office hours on weekdays. On a usual weekday, the car park is at present only half full.

    		•
  • Q : Common type of competition in

    The most common type of competition among firms in monopolistic competition is: (1) price competition. (2) product differentiation. (3) collusion. (4) predatory pricing. (5) cutthroat competition. I need a good ans

    		•
  • Q : Define Marginal rate of Substitution or

    Marginal rate of Substitution (MRS): It is the rate at which a consumer is prepared to give up one good to get the other good.

    		•
  • Q : Determine present value by interest rate

    When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for price of $1,000 monthly, in that case the house has a present value of approximately: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12

    		•
  • Q : Discrimination problem When racial or

    When racial or personal or sex discrimination decreases worker’s mobility across the occupations: (1) Workers will be completely compensated for their opportunity costs. (2) Economic rent is more probable to be earned by such who are not discriminated against. (

    		•
  • Q : Supply curve for perishable goods The

    The supply curve for perishable goods which, once produced, can’t be stored in inventory is generally functioned as perfectly price inelastic into the: (i) short-run. (ii) intermediate period. (iii) long-run. (iv) market period. (v) fiscal year

    		•
  • Q : Personal discrimination Personal

    Personal discrimination: (1) may impede economic discrimination. (2) fosters wage, employment, occupational, and human capital discrimination. (3) causes housing prices to exceed levels affordable by the poor. (4) is the only cause of occupational dis

    		•