--%>
Assignment Help - homework help

Influence of economic good in consumption

An economic good is everything for that: (w) increased consumption increases people's satisfaction. (x) entrepreneurship, land, labor and capital are needed. (y) an economic bad is its physical opposite. (z) producers obtain profits in place of losses.

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

   Related Questions in Public Economics

  • Q : Problem regarding Property Rights Can

    Can someone help me in finding out the right answer from the following options. Fee simple rights don’t comprise the right to: (1) Demolish your property. (2) Sell your property. (3) Employ your property for your own advantage. (4) Damage another’s propert

    		•
  • Q : Illustrates the problem of Productive

    At present, at Bob's Candle shop, Arjuna and Krishna share the jobs of making molds and making candles. Nonetheless, while Arjuna is best at making molds and Krishna is much better at creating the candles, then: (a) Bob’s shop is experiencing allocative although

    		•
  • 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 : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

    		•
  • Q : Rational behavior in Economic Reasoning

    Please help me to solve the problem of Economic Reasoning that is given below: Rational behavior should be: (i) Consistent along with reaching an identified goal. (ii) Ethical behavior. (iii) Good

    		•
  • Q : Describe the scientific roles of

    Can anybody suggest me the solution for given problem regarding scientific roles of economists in economics generally. Economists, in their scientific roles: (w) hardly ever choose anything. (x) choose much of econ

    		•
  • Q : Explain the problem of Self Interest in

    As per the view of humans as Homo economics, individuals: (w) can simply achieve states of whole satisfaction. (x) must learn to get by along with what they have. (y) want to maximize personal satisfaction by self-interested behavior. (z) have fewer requirements as th

    		•
  • Q : Requirement of technically efficient

    I need a good answer on the topic of Economic problems. Please give me your suggestion that for production to be technically efficient needs that the: (i) Maximum benefits are acquired at the highest possible cost. (ii) Opportunity costs of production

    		•
  • 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.

    Q : Influence of technology in production

    The production possibility frontier would not be prolonged by: (i) The Pilgrim’s increasing utilization of fertilizer after Native Americans exhibited them that corn grows better when a rotten fish is planted all along with seeds. (ii) Vandalism

    		•